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mework Exercise 12-5 The current sections of Pina Colada Corp.'s balance sheets at December 31, 2018 and 2019, are presented here. Pina Colada's net income for 2019 was $154,700. Depreciation expense was $23,300. 2019 2018 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $102,700 109,400 158,200 26,900 $397,200 $97,700 80,000 173,000 25,900 $376,600 5 by $15,000 84,000 $99,000 $9,300 95,600 $104,900 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2019, using the indirect method. amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CALCULATOR STANDARD VIEW PRINTER VERSION Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2019, using the indirect met amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Pina Colada Corp. Partial Statement of Cash Flows ENT ES 12 Homework se 12-1 se 12-4 se 12-5 se 12-8 se 12-9 m 12-1A m 12-7A Adjustments to reconcile net income to Score Results by jective

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