Larkspur Corporation reported net income of $50,500 in 2025. Depreciation expense was $17,700. The following working...
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Larkspur Corporation reported net income of $50,500 in 2025. Depreciation expense was $17,700. The following working capital accounts changed. Accounts receivable $12,000 increase Available-for-sale debt securities 16,000 increase Inventory 8,000 increase Nontrade note payable 14,900 decrease Accounts payable 13,400 increase Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) LARKSPUR CORPORATION Statement of Cash Flows (Partial) Adjustments to reconcile net income to $ $ Larkspur Corporation reported net income of $50,500 in 2025. Depreciation expense was $17,700. The following working capital accounts changed. Accounts receivable $12,000 increase Available-for-sale debt securities 16,000 increase Inventory 8,000 increase Nontrade note payable 14,900 decrease Accounts payable 13,400 increase Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) LARKSPUR CORPORATION Statement of Cash Flows (Partial) Adjustments to reconcile net income to $ $
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