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The income statement of Crane International Inc. contained the following condensed information: Crane's balance sheet contained the following comparative data at December 31 : Crane's

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The income statement of Crane International Inc. contained the following condensed information: Crane's balance sheet contained the following comparative data at December 31 : Crane's balance sheet contained the following comparative data at December 31: Additional information: Accounts payable relate to operating expenses. Assuming Crane reports under ASPE, prepare the operating activities section of the cash flow statement using the in (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CRANE INTERNATIONAL INC. Cash Flow Statement (Partial) - Indirect Method Adjustments to reconcile profit to $

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