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The income statement of Crane Company is presented here. Additional information: 1. Accounts receivable decreased $386,900 during the year, and inventory decreased $303,300. 2. Prepaid

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The income statement of Crane Company is presented here. Additional information: 1. Accounts receivable decreased $386,900 during the year, and inventory decreased $303,300. 2. Prepaid expenses increased $148,000 during the year. 3. Accounts payable to suppliers of inventory decreased $348,300 during the year. 4. Accrued expenses payable decreased $98,000 during the year. 5. Administrative expenses include depreciation expense of $112,000. CRANE COMPANY Statement of Cash Flows (Partial) - Indirect Method Adjustments to reconcile net income to $ Adjustments to reconcile net income to $

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