) 1 2 2 CALCULATOR PRINTER VESSON BACK Brief Exercise 5-12 Ivanhoe Beverage Company reported the following items in the most recent year Net Income $43,000 Dividends paid 5.890 Increase in accounts receivable 11,040 Increase in accounts payable 7,780 Purchase of equipment (capital expenditure) 9,610 Depreciation expense 4,700 Issue of notes payable 22,400 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with other signe.. 15,000 or in parenthesis e.g. (15.000).) 7 3 15 13 IVANHOE BEVERAGE COMPANY Statement of Cash Flows aalse Adjustments to reconcile net income to aise 12 v Study CALCULATOR PRIN Adjustments to reconcile net income to Compute free cash flow. Free Cash Flow wdy MacBook Pro