Question: Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis

amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis

Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000)) Lily, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to Lily, Inc. reported net income of $2.10 million in 2022. Depreciation for the year was $134,400, accounts receivable decreased $294,000, and accounts payable decreased $235,200. Compute net cash provided by operating activities using the indirect method. [Show amounts that decrease cash flow with either a - sign eg.-15,000 or in parenthesis e.g. (15,000).) Lily, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to v 3

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