Question 6 0.5 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. The current sections of Pronghorn Corp's balance sheets at December 31, 2021 and 2022, are presented here. Pronghorn Corp's net income for 2022 was $304,800. Depreciation expense was $50,400. 2022 2021 Current assets $74,400 $ 106,800 Cash Accounts receivable 102.000 82,800 Inventory 93,600 74,400 Prepaid expenses 20,400 22,800 $290,400 $286,800 Total current assets Current liabilities $ 19,200 $7,200 Accrued expenses payable 105,600 86,400 Accounts payable $112,800 $ 105,600 Total current liabilities Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using the indirect method. (Show amounts that decrease cash flow with either a- sign eg. -15,000 or in parenthesis eg. (15,000)) Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using the indirect method. (Show amounts that decrease cash flow with either a- sign eg. -15,000 or in parenthesis e.g. (15,000).) Pronghorn Corp Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income %$4 203.200 Adjustments to reconcile net income to Cash Flows from Operating Activities Depreciation Expense 24 33.600 Increase in Accounts Receivable 12,800 Increase in Inventory -12.800 Decrease in Prepaid Expenses -2,400 Decrease in Accrued Expenses Payable 12.000 Increase in Accounts Payable 19.200 38,400 24 241,600 Net Cash used by Operating Activities