Question: 17. options for drop down arrows: Telfer, Inc. reported net income of $2.1 million in 2020. Depreciation for the year was $164,500, accounts receivable decreased

17.

options for drop down arrows:

$2.1 million in 2020. Depreciation for the year was $164,500, accounts receivable

decreased $355,400, and accounts payable decreased $294,300. Compute net cash provided by

operating activities using the indirect method. (Show amounts that decrease cash flow

Telfer, Inc. reported net income of $2.1 million in 2020. Depreciation for the year was $164,500, accounts receivable decreased $355,400, and accounts payable decreased $294,300. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - eg. -15,000 or in parenthesis eg. (15,000).) Telfer, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to

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