The income statement of Kingbird Company is presented here.

The income statement of Kingbird Company is presented here. Kingbird Company Income Statement For the Year Ended November 30, 2025 Sales revenue Cost of goods sold Beginning inventory Purchases Goods available for sale Ending inventory Total cost of goods sold Gross profit Operating expenses Selling expenses Administrative expenses Net income Additional information: Additional information: 1,617,800 453,400 703,500 2,974A00 t. 2. 3. 4. 5. Accounts receivable decreased $379,600 during the year, and inventory decreased $257,400. Prepaid expenses increased S 148.600 during the year. Accounts payable to suppliers of inventory decreased $346,600 during the year. Accrued expenses payable decreased $99,200 during the year. Administrative expenses include depreciation expense of $109,400. Prepare the osprating activities section of the statement of cash flows for the year ended November 30 2025. for Kingbird Company. using the indirect method. (Show amounts that decrease cash now with either a - sign -15.000 or in Jrentirsis e.g. (15,000).' KINGBIRD COMPANY Statnent of Cash Flows (partial) Indirect Method Adjustments to reconcile net irwome to Adjustments to reconcile net income to s