Your answer is partially correct. Try again. The following T-account is a summary of the cash account of Teal Mountain Company. Cash (Summary Form) Balance, Jan. 1 17,600 Receipts from customers 800,800 Payments for goods Dividends on stock investments 13,200 Payments for operating expenses Proceeds from sale of equipment 79,200 Interest paid Proceeds from issuance of Taxes paid bonds payable 660,000 Dividends paid Balance, Dec. 31 695,200 440,000 308,000 22,000 17,600 88,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) provided by financing activities su 563,200 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER Brief Exercise 12-04 Your answer is partially correct. Try again. Ivanhoe Company reported net income of $1.80 million in 2022. Depreciation for the year was $288,000, accounts receivable decreased $630,000, and accounts payable decreased $504,000. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Ivanhoe Company Statement of Cash Flows-Indirect Approach December 31, 2022 Cash Flows from Operating Activities | | Net Income 11,800,000 Adjustments to reconcile net income to Net Cash used by Operating Activities I Depreciation Expense 288000 T Decrease in Account Receivable 630000 1 Decrease in Account Payable 504000 1,422,000