Ubu Productions, Inc,provides production services, In 20X1, net income was $175.000 on revenues of S470.000 and expenses of $295.000 The only noncash expense was depreciation of $25,000. The compary han no inventorry Accounts recevable increased by $3.000 during 20X1, and accounts payable and salaries payable were unchanged EEB (Cick the icon to view the statement of net cash from operating activities Requirement 1. Prepare a schedule that reconciles net income to net cash fow from operating activities (Use parenth - X Data Table Year Ended December 31, 20x1 Ubu Productions, Inc. Adiustments to reconcile net income to net Statement of Cash Flows from Operating Activities cash provided by (used for) operating activitios For the Year Ended December 31, 20x1 Collections feom customers 467.000 (270.000) Cash expenses 197.000 Net cash provided by (used for) operating activities Net cash provided by (used for) operating activities Print Done oose from any list or enter any number in the input fields and then continue to the next question 62 59C A 2 M 70 O Type here to search CPUB DELL 1. Prepare a schedule that reconciles net income to net cash flow from operating activities. (Use par Year Ended December 31, 20X1 Cash collections from customers Cash expenses Depreciation Increase in accounts receivable Net income Revenues Net cash provided by (used for) operating activities Choose from any list or enter any number in the input fields and then continue to the ne Type here to search