BE17.5 (LO 2 ) AP The comparative balance sheets for Montalvo Company show these changes in noncash current asset accounts: Accounts Receivable decreased $80,000, Prepaid Expenses increased $28,000, and Inventory increased $30,000. Calculate net cash provided by operating activities using the indirect method assuming that profit is $300,000 for the year ended May 31, 2021. Calculate cash from operating activities-indirect method. BE17.6 (LO 2 ) AP The comparative balance sheets for Chas Company show these changes in noncash current accounts: Accounts Receivable increased $35,500, Prepaid Expenses decreased $12,800, and Inventory decreased $22,500. Accounts Payable increased $16,000. Calculate net cash provided by operating activities using the indirect method assuming that profit is $300,000 for the year ended June 30, 2021. Depreciation Expense for the year was $32,000 and the company incurred a gain on sale of equipment of $25,000. Calculate cash from operating activities-indirect method