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Exercise 13 Wayne Company reported net income of $265,000 for 2020. Wayne also reported depreciation expense of $45,000 and a loss of 8,000 on the sale of ment. The comparative balance sheet shows a decrease in accounts receivable of $15,000 for the year $17.000 increase in accounts payable, and a $6,000 decrease in prepaid expenses Prepare the operating activities section of the statement of cash flows for 2020. Use the indirect method. Show amounts that decrease cash flow with either a sign .g.-15,000 or in arenthesise. (15.000.) WAYNE COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2020 Mustments to reconcile income Chiw you would to show Work for this questo Net Cash Provided by Operating Activities Decrease in Prepaid expenses Net Income Decrease in Accounts Payable Depreciation Expense Increase in Accounts Payable Decrease in Accounts Receivable Increase in Accounts Receivable Decrease in Inventory Loss on Sale of Equipment Increase in Inventory Increase in Prepaid expenses Net Cash Used by Operating Activities Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT