Consider the Following Information Required:
Use the Indirect Method to Compute the Amount of

Essay

Consider the following information:
$\begin{array}{|l|r|}\hline\text { Amortization Expense } & \$ 36,000 \\\hline \text { Increase in Accounts Receivable } & 42,000 \\\hline \text { Increase in Accounts Payable } & 96,000 \\\hline \text { Decrease in Accrued Liabilities } & 48,000 \\\hline \text { Decrease in Inventory } & 105,00 \\\hline \text { Decrease in Prepaid Expenses } & 15,000 \\\hline \text { Net income } & 1,500,00 \\\hline\end{array}$ Required:
Use the indirect method to compute the amount of net cash flows provided by (used in)operating activities.