Question: please help!! i will rate your answer and this is due tonight!!! Blue Spruce Company Income Statement For the Year Ended November 30, 2025 Sales

please help!! i will rate your answer and this is due tonight!!!  please help!! i will rate your answer and this is due
tonight!!! Blue Spruce Company Income Statement For the Year Ended November 30,

Blue Spruce Company Income Statement For the Year Ended November 30, 2025 Sales revenue $7,561,700 Cost of goods sold Beginning inventory $1,927,000 PurchasesGoodsavailableforsale4,337,8006,264,800 Ending inventory 1,618,200 Total cost of goods sold Gross profit 2,915,1004,646,600 Operating expenses Selling expenses 450,700 \begin{tabular}{lrr} Administrative expenses & 713,800 & 1,164,500 \\ Net income & $1,750,600 \\ \hline \end{tabular} 1. Accounts receivable decreased $373,100 during the year, and inventory decreased $308,800. 2. Prepaid expenses increased $148,400 during the year. 3. Accounts payable to suppliers of inventory decreased $350.400 during the year. 4. Accrued expenses payable decreased $100,500 during the year. 5. Administrative expenses include depreciation expense of $110,800. Prepare the operating activities section of the statement of cash flows for the year ended November 30,2025 , for Blue Spruce Company, using the indirect method, (Show amounts that decrease cash flow with either a-sign eg. -15,000 or in parenthesis eg. (15,000).)

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