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The current sections of Pharoah Inc's balance sheets at December 31, 2021 and 2022, are...

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Accounting

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The current sections of Pharoah Inc's balance sheets at December 31, 2021 and 2022, are presented here. Pharoah's net income for 2022 was $342,900. Depreciation expense was $56,700. 2022 2021 Current assets Cash $83,700 $ 120,150 Accounts receivable 114,750 93,150 Inventory 105,300 83,700 Prepaid expenses 22,950 25,650 Total current assets $326,700 $322,650 Current liabilities Accrued expenses payable $ 8,100 $ 21,600 Accounts payable 118,800 97,200 Total current liabilities $126,900 $ 118,800 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).) PHAROAH INC. Partial Statement of Cash Flows V Adjustments to reconcile net income to $ $ $

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