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The current sections of Sunn Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Sunn Inc.'s net income for 2017 was $153,000.
The current sections of Sunn Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Sunn Inc.'s net income for 2017 was $153,000. Depreciation expense was $27,000 2017 $105,000 $99,000 Inventory Prepaid expenses 168,000 27,000 $380,000 172,000 22,000 Total current assets Current liabilities 5,000 85,000921000 $ 97,000 $ 15,000 Accrued expenses payable Accounts payable $100,000 Total current liabilities Prepare the net cash provwided (used) by oprating activities section of the company's sateent of cash fows for he vesr ended December 31, 2017, using the miredt method.(show amounts thet decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to 4:08 PM
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