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the red is incorrectplease give a correct number Your answer is partially correct. Try again. The current sections of Buffalo Corp. 's balance sheets at
the red is incorrectplease give a correct number
Your answer is partially correct. Try again. The current sections of Buffalo Corp. 's balance sheets at December 31, 2016 and 2017, are presented here. Buffalo Corp.'s net income for 2017 was $155,448. Depreciation expense was $27,432 2017 2016 Current assets Cash Accounts receivable Inventory Prepaid expenses $106,680 81,280 170,688 27,432 $386,080 100,584 90,424 174,752 22,352 $388,112 Total current assets Current liabilities Accrued expenses payable Accounts payable 15,240 86,360 5,080 93,472 98,552 Total current liabilities $101,600 Prepare the net cash provided (used) by operating activities section of the company's statement of cash flows for the year ended December 31, 2017, using the indirect method. (Show amounts t parenthesis e.g. (15,000).)Step by Step Solution
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