Bramble Company reported net income of $182.200 for the current year. Depreciation recorded on buildings and equipment amounted to $82.200 for the year. Balances of the current asset and current...

Extracted text: Bramble Company reported net income of $182.200 for the current year. Depreciation recorded on buildings and equipment amounted to $82.200 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $22,200 $19.400 Accounts receivable 26,200 36,400 Inventories 52,200 69,400 Prepaid expenses 13,900 7,200 Accounts payable 14,200 22,400 Income taxes payable 6,000 3,400 Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign eg -15,000 or in parenthesis eg. (15,000)


Extracted text: BRAMBLE COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to %24 2$ %24 %24 > > >