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Use the following information from Coconut Company's financial statements. Dec 31, 2018 Dec 31, 2017 Cash $211,000 $175,000 Accounts Receivable 22.000 21,500 Inventory 34,750 30,500

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Use the following information from Coconut Company's financial statements. Dec 31, 2018 Dec 31, 2017 Cash $211,000 $175,000 Accounts Receivable 22.000 21,500 Inventory 34,750 30,500 Prepaid Rent 6,000 2,000 Accounts Payable 18.500 28,750 Additional Information: Net Income 555,000 Depreciation Expense 11.500 Prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Coconut Company Partial Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2018 Cash Flow from Operating Activities Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Net Cash Flow from Operating Activities

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