Question: A thumbs up will be given to the correct answer ! I promise and thanks for helping ! Cullumber Ltd. reported the following for the

A thumbs up will be given to the correct answer ! I promise and thanks for helping !

A thumbs up will be given to the correct answer ! I promise and thanks for helping ! Cullumber Ltd. reported the following for

Cullumber Ltd. reported the following for the fiscal year 2024: Additional information: 1. Accounts receivable decreased by $13,800 during the year. 2. Inventory increased by $6,440 during the year. 3. Prepaid expenses decreased by $4,600 during the year. 4. Accounts payable to suppliers increased by $9,200 during the year. 5. Accrued expenses payable increased by $3,680 during the year. 6. Income tax payable decreased by $5,520 during the year. Prepare the operating activities section of the cash flow statement using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CULLUMBER LTD. Cash Flow Statement (Partial)-Indirect Method $ Adjustments to reconcile profit to $

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