A recent statement of cash flows for Olan Company reported the following information: View the statement...

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A recent statement of cash flows for Olan Company reported the following information: View the statement of cash flows. Based on the information presented in the statement of cash flows for Olan Company, determine whether the following accounts increased or decreased during the period: Accounts Receivable, Inventory, Other Current Assets, Accounts Payable, and Other Current Liabilities. Account title Accounts receivable Inventory Other current assets Accounts payable Other current liabilities Behavior during the year Statement of Cash Flows Net income Adjustments to reconcile net income to cash basis: Depreciation expense Accounts receivable Inventory Other current assets Accounts payable Other current liabilities Total reconciling adjustments Net cash provided by operating activities 69 Print Done 69,000 (29,000) (17,000) 8,500 $ 451,500 (21,000) (199,000) (188,500) $ 263,000 A recent statement of cash flows for Olan Company reported the following information: View the statement of cash flows. Based on the information presented in the statement of cash flows for Olan Company, determine whether the following accounts increased or decreased during the period: Accounts Receivable, Inventory, Other Current Assets, Accounts Payable, and Other Current Liabilities. Account title Accounts receivable Inventory Other current assets Accounts payable Other current liabilities Behavior during the year Statement of Cash Flows Net income Adjustments to reconcile net income to cash basis: Depreciation expense Accounts receivable Inventory Other current assets Accounts payable Other current liabilities Total reconciling adjustments Net cash provided by operating activities 69 Print Done 69,000 (29,000) (17,000) 8,500 $ 451,500 (21,000) (199,000) (188,500) $ 263,000