The net income for Whispering Winds Corp. for 2022 was
$309,500. For 2022, depreciation on plant assets was $71,300, and
the company incurred a loss on disposal of plant assets of
$27,100.
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 e.g.
(15,000).)
Whispering Winds Corp. Statement of Cash Flows-Indirect Method $ Adjustments to reconcile net income to $ $
The net income for Whispering Winds Corp. for 2022 was $309,500. For 2022, depreciation on plant assets was $71,300, and
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