View Policies Prepare the operating activities section of the statement of cash flows for the year ended November $30,2025,$ for Ivanhoe Company.

using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

IVANHOE COMPANY

Statement of Cash Flows $($Partial$)-$ Indirect Method

Adjustments to reconcile net income to

Current Attempt in Progress

The income statement of Ivanhoe Company is presented here.

Additional information:

Accounts receivable decreased $$372,700$ during the year, and inventory decreased $$293,200.$

Prepaid expenses increased $$148,500$ during the year.

Accounts payable to suppliers of inventory decreased $$346,700$ during the year.

Accrued expenses payable decreased $$98,900$ during the year.

Administrative expenses include depreciation expense of $$109,200.$