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Blue Spruce Corp. reported net income of $2.4 million in 2022. Depreciation for the year was $164,000, accounts receivable decreased $333,800, and accounts payable decreased $280,000. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Blue Spruce Corp. Statement of Cash Flows-Indirect Approach Choose the accounting period 2022For the Month Ended 2022For the Year Ended 2022
Select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Select a cashflow item Depreciation ExpenseAccounts Payable IncreaseAccounts Receivable DecreaseAccounts Receivable IncreaseAccounts Payable DecreaseNet Income		$Enter a dollar amount
Adjustments to reconcile net income to
Select an opening subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Select a cashflow item Accounts Receivable DecreaseAccounts Payable DecreaseAccounts Receivable IncreaseNet IncomeAccounts Payable IncreaseDepreciation Expense	$Enter a dollar amount
Select a cashflow item Net IncomeAccounts Payable DecreaseAccounts Receivable IncreaseAccounts Receivable DecreaseDepreciation ExpenseAccounts Payable Increase	Enter a dollar amount
Select a cashflow item Accounts Payable DecreaseNet IncomeAccounts Receivable IncreaseAccounts Receivable DecreaseDepreciation ExpenseAccounts Payable Increase	Enter a dollar amount
		Enter a total of the three previous amounts
Select a closing name for this section Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		$Enter a total amount for this section

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