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The net income for Blue Spruce Corp. for 2022 was $230,000. For 2022, depreciation on plant assets was $57,500, and the company incurred a loss
The net income for Blue Spruce Corp. for 2022 was $230,000. For 2022, depreciation on plant assets was $57,500, and the company incurred a loss on disposal of plant assets of $23,000. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a-sign e.g-15,000 or in parenthesis e.g. (15,000).) Blue Spruce Corp. Statement of Cash Flows-Indirect Method $ Adjustments to reconcile net income to $ $
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