Exercise 13-5 Your answer is partially correct. Try again. The current sections of Scoggin Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Scoggin's net income for 2017 was $153,200. Depreciation expense was $25,000. 2017 2016 Current assets Cash Accounts receivable $107,100 108,300 157,000 26,100 $398,500 $95,400 77,900 171,800 25,100 Inventory Prepaid expenses Total current assets $370,200 Current liabilities Accrued expenses payable Accounts payable $14,100 85,600 $8,900 95,600 $104,500 Total current liabilities $99,700 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2017, 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).) SCOGGIN INC. Partial Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities V Depreciation Expense $ Increase in Accounts Receivable X Decrease in Inventory idictiti X Increase in Prepaid Expenses X Increase in Accrued Expenses Payable X Decrease in Accounts Payable X Net Cash Provided by Operating Activities