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The current sections of Teal Mountain Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Teal Mountain Inc's net income for 2017

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The current sections of Teal Mountain Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Teal Mountain Inc's net income for 2017 was $156,366. Depreciation expense was $27,594 2017 2016 Current assets $107,310 Cash Accounts receivable Inventory Prepaid expenses 81,760 171,696 22,484 27,594 $101,178 90,958 175,784 388,360 390,404 Total current assets Current liabilities Accrued expenses payable Accounts payable 15,330 86,870 $102,200 s 5,110 94,024 $99,134 Total current liabilities Prepare the net cash provided (used) by operating activities section of the company's method. (Show amounts that decrease cash flow with either a sign e.g. -15,000 statement of cash fows for the year ended December 31, 2017, using the indirect or in parenthesis e.g. (15,000).)

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