Question: The comparative balance sheets for Cullumber Company show these changes in noncash current asset accounts: accounts receivable decrease $ 75,000, prepaid expenses increase $ 23,000,

The comparative balance sheets for Cullumber Company show these changes in noncash current asset accounts: accounts receivable decrease $ 75,000, prepaid expenses increase $ 23,000, and inventories increase $ 30,000. Compute net cash provided by operating activities using the indirect method assuming that net income is $ 225,000.

The comparative balance sheets for Cullumber Company show these changes in noncash

Cullumber Company Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to

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