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The current sections of Scoggin Inc.s balance sheets at December 31, 2019 and 2020, are presented here. Scoggins net income for 2020 was $152,800. Depreciation expense was $24,400.

		2020		2019
Current assets
Cash		$106,100		$96,800
Accounts receivable		110,100		80,300
Inventory		158,300		171,500
Prepaid expenses		26,900		25,300
Total current assets		$401,400		$373,900
Current liabilities
Accrued expenses payable		$14,900		$9,200
Accounts payable		84,800		95,900
Total current liabilities		$99,700		$105,100

Prepare the net cash provided by operating activities section of the companys statement of cash flows for the year ended December 31, 2020, 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).)

Weygandt, Accounting Principles, 13e ASSIGNMENT RESOURCESPrepare the nel cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2020, using the ind How with either a -sign e.g. -15,000 or in parenthesis e.g- (15,000).) ACC122 M3C 7HOMEWORK Practice Question10 PracticeCuestion 11 Practice Question21 a practice Question 25 SCOGGIN INC. Partial Statement of Cash Flows December 31, 2020 Practice Question 33 Exer Cash Flows from Operating Activities xercise 17-05 (Video Net Income 152800 Review Score Review Results by Study Objective Adjustments to reconcile net income to Cash Flows from Operating Activities Depreciation Expense 2440 Increase in Accounts Receivable 29800 Decrease in Inventory 132800 1600 Increase in Accrued Expenses Payable 570 Increase in Prepaid Expenses Decrease in Accounts Payable 11100 800 150,600 Cash Flows from Operating Activities n Show Work Click if you would like to Show Work for this question: Ope 0 Type here to search