The current sections of Coronado Inc's balance sheets at December 31, 2021 and 2022, are...
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The current sections of Coronado Inc's balance sheets at December 31, 2021 and 2022, are presented here. Coronado's net income for 2022 was $153,600. Depreciation expense was $26,500. Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities 2022 $104,600 78,900 168,600 26,400 $14,600 85,200 2021 $99,800 $98,100 90,100 $378,500 $381,700 171,400 22,100 $9,600 95,500 $105,100
The current sections of Coronado Inc's balance sheets at December 31,2021 and 2022, are presented here. Coronado's net income for 2022 was $153,600. Depreciation expense was $26,500. Prepare the 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 - sianee. -15.000 ar in narenthesis e..(15.000) ).)
The current sections of Coronado Inc's balance sheets at December 31, 2021 and 2022, are presented here. Coronado's net income for 2022 was $153,600. Depreciation expense was $26,500. Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities 2022 $104,600 78,900 168,600 26,400 $14,600 85,200 2021 $99,800 $98,100 90,100 $378,500 $381,700 171,400 22,100 $9,600 95,500 $105,100


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