Brief Exercise 12-4 Your answer is partially correct. Try again. Oriole Company reported net income of $1.8 million in 2017. Depreciation for the year was $158,800, accounts receivable decreased $377,500, and accounts payable decreased $300,700. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Oriole Company Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2017 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities v Decrease in Account Receivable 377500 Decrease in Account Payable (300700) Depreciation Expense 158800 Net Cash Provided by Operating Activities LINK TO TEXT Question Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER Brief Exercise 12-4 Your answer is partially correct. Try again. Oriole Company reported net income of $1.8 million in 2017. Depreciation for the year was $158,800, accounts receivable decreased $377,500, and accounts payable decreased $300,700. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Oriole Company Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2017 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities v Decrease in Account Receivable 377500 Decrease in Account Payable (300700) Depreciation Expense 158800 Net Cash Provided by Operating Activities LINK TO TEXT Question Attempts: 1 of 3 used