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The income statement of Ivanhae Company is presented here. Income Statenent For the Year Ended...

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Accounting

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The income statement of Ivanhae Company is presented here. Income Statenent For the Year Ended November 30, 2017 57,484,100 Sales revenue Cost of goods sold Beginning inventory $1.865,600 Goods available for sale 6,230,700 Ending inventory Total cost of gcods scld Groes profit Operating expenses 4,599,800 2,B84,300 Selling expenses 441,400 583,9001,131,300 Administrative experses Net income 1,753.000 Additicnal information: 1. Accounts receivable decreased $374,300 during the year, and inventory decreased $235,700 2. Prepsid expenses increased $148,000 during the year 3. Accounts payable to suppliers of merchand se decreased $346,100 during the year. Accrued expenses payable decreased $100,000 during the year 5. Administrative expenses include deprecation expense of $110,700 Prepsre the opersting activities section of the statement of cash flows for the year ended November 30, 2017, for Ivanhoe Comparry, using the indirect method. (Show amounts that decrease cash flow wwith either a -sign eg. -15,000 or in parenthesis e.g. (15,000)) Ivanhoe Company Partial Statement of Cash Flows Adjustments to reconcile net income to Click if you would like to Show Work for this question: Open Show Work

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