Question: Brief Exercise 12-06 The comparative balance sheets for Metlock, Inc. show these changes in noncash current asset accounts: accounts receivable decreased $76,000, prepaid expenses increased

Brief Exercise 12-06 The comparative balance sheets for Metlock, Inc. show these changes in noncash current asset accounts: accounts receivable decreased $76,000, prepaid expenses increased $24,000, and inventories increased $36,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $182,000. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Metlock, Inc. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to $
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