The comparative balance sheets for Cullumber Company show these changes in noncash current asset accounts: Accounts...

 

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The comparative balance sheets for Cullumber Company show these changes in noncash current asset accounts: Accounts Receivable decreased $62,400, Prepaid Expenses increased $21,800, and Inventory increased $23,400. Calculate net cash provided by operating activities using the indirect method assuming that profit is $234,000 for the year ended May 31, 2021. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash ✓operating activities $ The comparative balance sheets for Cullumber Company show these changes in noncash current asset accounts: Accounts Receivable decreased $62,400, Prepaid Expenses increased $21,800, and Inventory increased $23,400. Calculate net cash provided by operating activities using the indirect method assuming that profit is $234,000 for the year ended May 31, 2021. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash ✓operating activities $

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