The current sections of Sunn Inc.'s balance sheets et December 31, 2016 and 2017, are presented...

 

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The current sections of Sunn Inc.'s balance sheets et December 31, 2016 and 2017, are presented here. Sunn Inc.'s net income for 2017 was $153,000. Depreciation expensa was $27,000. 2017 2016 Current assets Cash $105,000 $ 99,000 Accounts recelvable 80,000 09,000 Inventory 168,000 172,000 Prepaid expenses 27.000 22,000 Total current assets $380,000 $382,000 Current ilabilitses S 15,000 $ 5,000 92,000 Accrued expenses payable Accounts payable 85,000 Total current labilities $100,000 $ 97,000 Prepare the net cash provided (used) by operating activities section of the company's statement of cash flows for the year ended December 31, 2017, using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in parenthesis eg. (15,000).) Sunn Inc. Partial Statemant of Cash Flows Adjustments to reconcile net income to The current sections of Sunn Inc.'s balance sheets et December 31, 2016 and 2017, are presented here. Sunn Inc.'s net income for 2017 was $153,000. Depreciation expensa was $27,000. 2017 2016 Current assets Cash $105,000 $ 99,000 Accounts recelvable 80,000 09,000 Inventory 168,000 172,000 Prepaid expenses 27.000 22,000 Total current assets $380,000 $382,000 Current ilabilitses S 15,000 $ 5,000 92,000 Accrued expenses payable Accounts payable 85,000 Total current labilities $100,000 $ 97,000 Prepare the net cash provided (used) by operating activities section of the company's statement of cash flows for the year ended December 31, 2017, using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. -15,000 or in parenthesis eg. (15,000).) Sunn Inc. Partial Statemant of Cash Flows Adjustments to reconcile net income to

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