Waterway Company reported net income of $$193,300$ for $2022.$ Waterway also reported depreciation expense of $$47,400$ and a loss

of $$6,300$ on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $$16,600$ for the

year, a $$18,600$ increase in accounts payable, and a $$3,800$ 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$.(15,000).)$

WATERWAY COMPANY

Partial Statement of Cash Flows

Adjustments to reconcile net income to