Question: NEA Exercise 12-06 Your answer is partially correct. Try again. The current sections of Riverbed Corp's balance sheets at December 31, 2021 and 2022, are

 NEA Exercise 12-06 Your answer is partially correct. Try again. The
current sections of Riverbed Corp's balance sheets at December 31, 2021 and

NEA Exercise 12-06 Your answer is partially correct. Try again. The current sections of Riverbed Corp's balance sheets at December 31, 2021 and 2022, are presented here. Riverbed Corp's net income for 2022 was $355,600. Depreciation expense was $58,800 dy 2022 2021 Current assets Cash Accounts receivable Inventory Prepaid expenses Tot current assets Current liabilites Acord expenses payable Accounts payable Total current 585,800 119,000 109,200 23.00 5330,000 $ 124,000 90.000 36,000 25,000 334,000 $1,400 123,200 $131,600 $22.00 100,000 $123,200 Prepare the net cas provided by operating activitation of the company's statement of cathod for the year ended December 31, 2022 the indirect into show amounts that decrease can now with other as 9.-15.000 or parenthesse. 15,000) Riverbed Corp Partial Statement of Cash Flows For the red ca 2022 For the Year Ended December 31, 2022 Cash Flows from Operating Activities > Net Income y 355,600 Adjustments to reconcile net income to Net Cash Provided by Operating Activitiesy Depreciation Expense 58,800 Increase in Accounts Receivable 123,200 x increase in Inventory 86,800 Decrease in Prepaid Expenses 2,800 Decrease in Accrued Expenses Payable 8400 Increase in Accounts payable 22,400 25,200 Notash provid by operating activities 330.400

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