CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK NEXT Exercise 12-05 Your answer is partially correct. Try again. The current sections of Sandhill Co.'s balance sheets at December 31, 2021 and 2022, are presented here. Sandhill Co.'s net income for 2022 was $137,700 Depreciation expense was $24,300. 2022 2021 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrue expenses payable Accounts payable Total current liabilities $94,500 72,000 151,200 24,300 $342,000 $ 89,100 80,100 154,800 19,800 $343,800 $ 13,500 76,500 $90,000 $ 4,500 82,800 $ 87,300 Prepare the net cash provided (used) by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using the Indirect method. (Show amounts that decrease cash flow with either a sign .g. - 15,000 or in parenthesis e.g. (15,000).) CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ES Sandhill Co. Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities dy Depreciation Expense Decrease in Accounts Receivable Decrease in Inventory lbild Increase in Prepaid Expenses Increase in Accrued Expenses Payable Decrease in Accounts Payable CALCULATOR FULL SCREEN PRINTER VERSION ES Depreciation Expense Decrease in Accounts Receivable Decrease in Inventory Increase in Prepaid Expenses llllll I Increase in Accrued Expenses Payable dy Decrease in Accounts Payable Net Cash Provided by Operating Activities LINK TO TEXT LINK TO VIDEO