Question: Please answer question #3, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS NOT YET ANSWERED. Thank you! Sweet Acacia Industries reported net income of $140 million

Please answer question #3, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS NOT YET ANSWERED. Thank you!

Sweet Acacia Industries reported net income of $140 million in 2022 Depreciation for the year was $224.000, accounts receivable decreased $490.000, and accounts payable decreased $392,000. Compute net cash provided by operating activities using the indirect approach (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000)) Sweet Acacia Industries Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income $ 1,400,000 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 224,000 Decrease in Account Recelvable v 490.000 Decrease in Account Payable 322.000 Net Cash Provided by Operating Activities 1.722.000

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