The income statement of Larkspur, Inc. is presented here.

Larkspur, Inc. Income Statement For the Year Ended November 30, 2022
Sales revenue				$7,741,000
Cost of goods sold
Beginning inventory		$1,871,700
Purchases		4,377,100
Goods available for sale		6,248,800
Ending inventory		1,609,300
Total cost of goods sold				4,639,500
Gross profit				3,101,500
Operating expenses
Selling expenses		451,800
Administrative expenses		691,600		1,143,400
Net income				$1,958,100

Additional information:

1.		Accounts receivable decreased $383,500 during the year, and inventory decreased $262,400.
2.		Prepaid expenses increased $150,600 during the year.
3.		Accounts payable to suppliers of merchandise decreased $351,000 during the year.
4.		Accrued expenses payable decreased $99,300 during the year.
5.		Administrative expenses include depreciation expense of $109,100.

Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2022, for Larkspur, Inc., using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).

Larkspur, Inc. Partial Statement of Cash Flows $ Adjustments to reconcile net income to V