Business, 26.07.2019 18:10, krishawnnn

Crane company reported net income of $172,780 for 2017. crane company also reported depreciation expense of $33,750 and a loss of $5,470 on the disposal of plant assets. the comparative balance sheets show an increase in accounts receivable of $14,400 for the year, a $15,400 increase in accounts payable, and a $3,680 increase in prepaid expenses. prepare the operating activities section of the statement of cash flows for 2017. use the indirect method.

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Crane company reported net income of $172,780 for 2017. crane company also reported depreciation exp...