The current sections of Shamrock, Inc's balance sheets at December 31, 2021 and 2022, are...
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The current sections of Shamrock, Inc's balance sheets at December 31, 2021 and 2022, are presented here. Shamrock, Inc's net income for 2022 was $84,150. Depreciation expense was $14,850. 2022 2021 Current assets $57.750 Cash $54,450 44,000 Accounts receivable 48,950 Inventory 92,400 94,600 Prepaid expenses 14,850 12,100 Total current assets $209,000 $210,100 Current liabilitieS Accrued expenses payable $8,250 $2,750 Accounts payable 46,750 50.600 Total current liabilities $55,000 $53,350 Prepare the net cash provided (used) 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 eg. -15,000 or in parenthesis eg. (15,000).) Shamrock, Inc. Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activitles Net Income Adjustments to reconcile net income to
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