Brief Exercise 12-6

The comparative balance sheets for Blue Spruce Corp. show these changes in noncash current asset accounts: accounts receivable decreased $73,700, prepaid expenses increased $26,500, and inventories increased $39,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $193,400. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Blue Spruce Corp. Statement of Cash Flows-Indirect Method
select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Accounts Receivable Decrease in Inventories Decrease in Prepaid Expenses Increase in Accounts Receivable Increase in Inventories Increase in Prepaid Expenses Net Income		$enter a dollar amount
Adjustments to reconcile net income to
select an opening subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Accounts Receivable Decrease in Inventories Decrease in Prepaid Expenses Increase in Accounts Receivable Increase in Inventories Increase in Prepaid Expenses Net Income	$enter a dollar amount
select an item Decrease in Accounts Receivable Decrease in Inventories Decrease in Prepaid Expenses Increase in Accounts Receivable Increase in Inventories Increase in Prepaid Expenses Net Income	enter a dollar amount
select an item Decrease in Accounts Receivable Decrease in Inventories Decrease in Prepaid Expenses Increase in Accounts Receivable Increase in Inventories Increase in Prepaid Expenses Net Income	enter a dollar amount
		enter a total of the three previous amounts
select a closing section name Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash used by Financing Activities Net Cash used by Investing Activities Net Cash used by Operating Activities Net Decrease in Cash Net Increase in Cash		$enter a total amount for this section