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The statement of income of Riverbed Inc. for the year ended December $31,2024,$ reported the following condensed information:

Revenue from fees $$556,500$

Operating expenses $306,500$

Income from operations $250,000$

Income tax expense $57,800$

Net income $$192,200$

Riverbed's statement of financial position contained the following comparative data at December $31$:

$2024$

$2023$

Accounts receivable

$$50,600$

$$46,100$

Accounts payable

$32,200$

$42,900$

Income taxes payable

$6,500$

$3,600$

The corporation has no depreciable assets. Accounts payable pertain to operating expenses.

Using the indirect method, prepare the operating activities of the statement of cash flows for the year ended December $31,2024.($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-25,000$ or in parenthesis e$.$g$.(25,000).)$

RIVERBED INC.

Statement of Cash Flows $($partial$)$

choose the accounting period

select an opening section name

select a cash flow item

$enter a dollar amount

Adjustments to reconcile net income to

select a subsection name

select a cashflow item

$enter a dollar amount

select a cashflow item

enter a dollar amount

select a cashflow item

enter a dollar amount

enter a subtotal of the adjustments

select a closing section name

$enter a total amount for this section

Attempts: $0$ of $1$ used

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