Please help with the depreciation expense! It is not 17340 or -17340! Thank tou so...
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Accounting
Please help with the depreciation expense! It is not 17340 or -17340! Thank tou so much!
Waterway Company reported net income of $249,900 for 2022 . Waterway sold equipment that cost $102,000 and had a book value of $61,200 for $53,040. The comparative balance sheet shows a decrease in accounts receivable of $19,380 for the year, a $13,260 increase in accounts payable, a $4,080 increase in prepaid expenses, and a $17,340 increase in accumulated depreciation. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show dmounts that decreose cash flow with either a - sign es. 15,000 or in parenthesis es. (15,000). Decrease in Accounts Receivable Increase in Accounts Payable Increase in Prepaid Expenses Depreciation Expense Net Cash Provided by Operating Activities * 13260 4080 54060
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