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View Pollcles Current Attempt in Progress Marigold Corp. reported net income of $192,120 for 2022. Marigold Corp. also reported depreciation expense of $35,680 and a
View Pollcles Current Attempt in Progress Marigold Corp. reported net income of $192,120 for 2022. Marigold Corp. also reported depreciation expense of $35,680 and a loss of $5,290 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,560 for the year, a $16,150 increase in accounts payable, and a $4,040 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Marigold Corp. C Marigold Corp. Partial Statement of Cash Flows VA Adjustments to reconcile net income to
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