Brief Exercise 13-4 Your answer is partially correct. Try again. Telfer, Inc. reported net income of $3.48 million in 2015. Depreciation for the year was $156,030, accounts receivable decreased $356,310, and accounts payable decreased $268,470. Compute net cash provided by operating activities 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).) Telfer, Inc. Statement of Cash Flows-Indirect Approach For the Year 2015 Cash Flows from Operating Activities 3480000 T Net Income Adjustments to reconcile net income to TNet Cash Provided by Operating Activities T Depreciation Expense 156030 T Accounts Receivable Decrease 356310 T Accounts Payable Decrease 268470 780810 T Net Cash Provided by Operating Activities 347219190