The income statement of Bramble Company is presented here BRAMBLE COMPANY Income Statement For the Year Ended November 30, 2022 Sales revenue $7,425,500 Cost of goods sold Beginning inventory $1,914.300 Purchases 4,345,900 Goods available for sale 6,260,200 Ending inventory 1.558,200 Total cost of goods sold 4,702,000 Gross profit 2.723.500 Operating expenses Selling expenses 410,000 Administrative expenses 706,000 1.116,000 Net income $1,607,500 Additional information: 1 2 3 Accounts receivable decreased $376.500 during the year, and inventory decreased 5356,100, Prepaid expenses increased $176,200 during the year. Accounts payable to suppliers of inventory decreased $341.100 during the year. Accrued expenses payable decreased $104.900 during the year Administrative expenses include depreciation expense of $85,600. 4. 5. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2022, for Bramble Company using the indirect method. (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis es. (15,000) Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2022 tor Bramble Company, using the indirect method. (Show amounts that decrease cash flow with either a-signes. -15,000 or in parenthesis es (15,0001) BRAMBLE COMPANY Statement of Cash Flows (Partial) - Indirect Method Adjustments to reconcile net income to eTextbook and Media Save for Later Attempts: 0 of 3 used Submit