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Your answer is partially correct The current sections of Concord Ine's balance sheets at December 31, 2021 and 2022, are presented here Concord's net income

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Your answer is partially correct The current sections of Concord Ine's balance sheets at December 31, 2021 and 2022, are presented here Concord's net income for 2022 was $ 153,800 Depreciation expense was $23200 2022 2021 Current assets Cash $109.400 $102.300 Accounts receivable 72.000 80,700 Inventory 165,300 171,300 Prepaid expenses 26.000 21.300 Total current assets $ 372700 $375,600 Current liabilities $15.400 $5,800 Accrued expenses payable Accounts payable Total current liabilities 86,000 95.300 $ 101400 101.100 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31 2022 using the e indirect method d (Show amounts Sthat decrease cash flow with either a-sienes 15.000 or in parenthesis es (15,000) CONCORD INC. Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31 2022 Cach Flows from Operating Activities Nincome Adjustments to reconcile net income to W search 2 Acco paydoe 000 Total current liabilities $ 101.400 $ 101 100 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using the indirect method. (Show amounts that decrease cash flow with either a-signeg.-15,000 or in parenthesis eg (15,0001) CONCORD INC. Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Increase in Accounts Receivable Increase in Inventory Increase in Prepaid Expenses Decrease in Prepaid Expenses Increase in Accounts Payable Net Cash Used by Operating Activities e Textbook and Media Save for Later Attempts: 1 of 3 used Submit

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