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Exercise 12-06 Your answer is partially correct. Try again. The current sections of Sage Hill Inc.'s balance sheets at December 31, 2021 and 2022, are presented here. Sage Hill Inc.'s net income for 2022 was $292,100. Depreciation expense was $48,300. 2022 2021 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $71,300 97,750 89,700 19,550 $278,300 $ 102,350 79,350 71,300 21,850 $274,850 $ 6,900 101,200 $108,100 $ 18,400 82,800 $ 101,200 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, 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).) For the Year Ended December 31, 2022 Cash Flows from Operating Activities T Net Income 292,100 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense J 48,300.00 Decrease in Accounts Receivable 18,400.00 X Decrease in Inventory 18,400.00 Increase in Prepaid Expenses -2,300.00 Increase in Accrued Expenses Payable -11,500.00 Decrease in Accounts Payable 18,400.00 89,700.00 Net Cash Provided by Operating Activities 381,800.00