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Gutierrez Company reported net income of 5190,000 for 2020

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Gutierrez Company reported net income of 5190,000 for 2020. Gutierrez also reported depreciation expense of $40,000 and a loss of $4,500 on the disposal of plant assets. The comparative balance sheet shows a decrease in accounts receivable of $10,000 for the year, a $12,000 increase in accounts payable, and a $3,000 decrease in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2020. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) GUTIERREZ COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to | Click if you would like to show Work for this question: Open Show Work