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View Policies Current Attempt in Progress The income statement of Pina Colada Corp. is presented here. Pina Colada Corp. Income Statement For the Year Ended

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View Policies Current Attempt in Progress The income statement of Pina Colada Corp. is presented here. Pina Colada Corp. Income Statement For the Year Ended November 30, 2022 Sales revenue $7.572,200 Cost of goods sold Beginning inventory $1.892.500 Purchases 4.339.500 Goods available for sale 6.232.000 Ending inventory 1,613.200 Total cost of goods sold 4.618.800 Gross profit 2.953.400 Operating expenses Operating expenses -/1 TI Selling expenses 451.000 Administrative expenses 713,700 1.164.700 Net income $1.788.700 Additional information 1 Accounts receivable decreased $373,400 during the year, and inventory decreased $279.300. 2 Prepaid expenses increased $150,700 during the year 3 Accounts payable to suppliers of merchandise decreased 354,300 during the year. 4 Accrued expenses payable decreased $98.500 during the year 5. Administrative expenses include depreciation expense of $141.700 Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2022 for Pina Cola Corp using the indirect method. (Show amounts that decrease cash flow with either as 15.000 or in parentheb./15.0001

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