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The income statement of Whispering Winds Corp. is presented here. Additional information: 1. Accounts receivable decreased $388,200 during the year, and inventory decreased $244,500. 2.
The income statement of Whispering Winds Corp. is presented here. Additional information: 1. Accounts receivable decreased $388,200 during the year, and inventory decreased $244,500. 2. Prepaid expenses increased $184,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $347,200 during the year. 4. Accrued expenses payable decreased $102,800 during the year. 5. Administrative expenses include depreciation expense of $112,100. Additional information: 1. Accounts receivable decreased $388,200 during the year, and inventory decreased $244,500. 2. Prepaid expenses increased $184,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $347,200 during the year. 4. Accrued expenses payable decreased $102,800 during the year. 5. Administrative expenses include depreciation expense of $112,100. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2022, for Whispering Winds venthesiseg (15,000)}
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