Using the indirect method, prepare the net cash provided by operating activities. Homework Problem ABC Company Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows From Operations Net cash provided by operating activities From Balance Sheet Accounts Receivable hventory Prepaid Expenses Accounts Payable Accrued Liabilities Income Taxes Payable Increase/(Decrease) (145,000) 150,000 5,000 108,000 (15,000) (7.000) From Income Statement Loss on Sale of Equipment Gain on Sale of Long-Term hvestment Net Income 15,000 8.000 800,000 The accumulated depreciation balance as of December 31, 2019 was $210,000 The accumulated depreciation balance as of December 31, 2020 was $260,000 No fixed assets were purchased or sold during the year. Chapter 14 - page 19