Homework Saved Help Save & Exit z Company reports the following information. Selected Annual Income Statement Data Check my Selected Year-End Balance Sheet Data Net income $397,000 Accounts receivable decrease Depreciation expense 48,400 Inventory decrease Amortization expense 7,300 Prepaid expenses increase Gain on sale of plant assets 6,700 Accounts payable decrease Salaries payable increase $135,200 50,000 5,900 9,900 2,400 Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities EPIC Adjustments to reconcile net income to net cash provided by operating activities < Prev 4 of 8 Next > 745 9:49 PM 1/28/2021