The December accounting records of Perry & Associates include these accounts: Click the icon to view the accounts.) Requirement met 1. Computo Perry & Associates' net cash provided by operating activities during December. Use the indirect method. (Use parentheses or a minus sign for numbers to be subtraced.) Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by used for) operating activities: Apps Net cash provided by (used for) operating activities The May accounting records of Morrison & Associates include these accounts: (click the icon to view the accounts.) Requirement Compute Morrison & Associat cash provided by operating activities during May. Use the Cash 07.000 May May 1 Recept Accounts receive 21.000Colectons 601.000 192.000 601,000 May 31 12.000 Seri Cash flows from operating activities: Nincome Adjustments to reconcile net income to net cash provided by used for operating activities Depreciation expense Decrease in as receivable Increase in accounts payable Incintory cash provided by used tor) operating activities 600.000 Payments 4000 9000 10000 100 May 1 Purchases May 31 Inventory 24.000 cost of goods sold 447.000 25.000 Accounts payable 437.000 May Purchases 16.000 467.000 28.000 Divende Accumulated depreciation May Depreciation expen May 31 47.000 4.000 Rated earning 19.000 May |Not income May 31 82.000 125.000 51.000 Done Choose from any sorrer any number inputs and then continue to the next to