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Your answer is partially correct. Try again. The current sections of Monty Corp.'s balance sheets at December 31, 2021 and 2022, are presented here. Monty Corp.'s net income for 2022 was $406,400. Depreciation expense was $67,200. 2022 2021 $99,200 136,000 124,800 27,200 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $ 142,400 110,400 99,200 30,400 $382,400 $387,200 $ 9,600 140,800 $150,400 $ 25,600 115,200 $ 140,800 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).) Monty Corp. Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income 406,400 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Decrease in Accounts Receivable 25,600 Decrease in Inventory 25,600 Increase in Prepaid Expenses -3,200 Increase in Accrued Expenses Payable 16,000 Decrease in Accounts Payable -25,600 105,600 Net Cash Provided by Operating Activities 512,000

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