The net income for Bramble Co. for 2022 was $332,200. For 2022, depreciation on plant assets was $72,700, and the company incurred a loss on disposal of plant assets of $30,600. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a- sign e.g. -15,000 or in parenthesis eg. (15,000).)

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Chapter1: Financial Statements And Business Decisions
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The net income for Bramble Co. for 2022 was $332,200. For 2022, depreciation on plant assets was $72,700, and the company
incurred a loss on disposal of plant assets of $30,600.
Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's
accounts. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis eg. (15,000).)
Bramble Co.
Statement of Cash Flows-Indirect Method
Net Income
332200
Adjustments to reconcile net income to
$
$
%24
%24
>
>
>
Transcribed Image Text:Attempt in Progress The net income for Bramble Co. for 2022 was $332,200. For 2022, depreciation on plant assets was $72,700, and the company incurred a loss on disposal of plant assets of $30,600. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis eg. (15,000).) Bramble Co. Statement of Cash Flows-Indirect Method Net Income 332200 Adjustments to reconcile net income to $ $ %24 %24 > > >
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