Stod Homework - CH 15 - Spring 2021 3 2 Dent Hin Apex Company prepared the statement of cash flows for the current year that is shown below. Apex Company Statement of Cichondirect Method Operating activities Net Income $ 40,000 Adjustments to convert t Income to catch basist Depreciation $ 20,000 Increase in accounts receivable (60,700 These in inventory (25,700 Decrease in peld expenses 9.200 Increase in accounts payable 55,100 Decrease in accordanties (10,0) Increase in income taxes payable (10,700 Het cash provided by Operating activities 30,100 Investing activities Proceeds from the sale of equipment 15,400 Loan to Thomas Company (01,600 Me te plant and equipent 121,200 Het cash provided by in Svetine activities (147.000 Financing activities Increase in bonds 38.50 there in stock 38. Cash dividends (28.000 Netch provide () Financing activities 9. Nederland en (1400) eing cash and chives 26100 Entradas 1.000 Required: Compute Apex companys trencach tow for the current year. (Negative amount should be indicated by a minus sign)