Question: Partial balance sheets and additional information are listed below for Macrosoft Corporation. MACROSOFT CORPORATION Partial Balance Sheets as of December 31 2024 2023 Assets Cash
Partial balance sheets and additional information are listed below for Macrosoft Corporation. MACROSOFT CORPORATION Partial Balance Sheets as of December 31 2024 2023 Assets Cash $ 27,200 $ 48,000 Accounts receivable 93,000 77,200 Inventory 42,200 48,000 Liabilities Accounts payable $ 69,200 $ 88,000 Additional information for 2024: Net income was $168,000. Depreciation expense was $24,000. Required: Prepare the operating activities section of Macrosoft's Statement of Cash Flows for 2024 using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in whole dollars and not in millions (5,500,000 should be entered as 5,500,000)
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