Question: Current Attempt in Progress - Your answer is partially correct Bramble, Inc. reported net income of $23 million in 2022 Depreciation for the year was
Current Attempt in Progress - Your answer is partially correct Bramble, Inc. reported net income of $23 million in 2022 Depreciation for the year was $163,200, accounts receivable decreased $357,900, and accounts payable decreased $287.100. 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 es (15,000).) Bramble, Inc. Statement of Cash Flows-Indirect Method For the Year Ended December 31 2022 Cash Flows from Operating Activities Net Income 2300000 Adjustments to reconcile net income to Net Cash Used by Operatine Activities Decrease in Accounts Receivable $ 163200 Decrease in Accounts Payable 357900 Depreciation Expense -287000 70800 Net Cash Provided by Operating Activities 2534000 eTextbook and Media Save for Later Attempts: 1 of 3 used Submit Ano
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