Cash FlowsPlease respond to the following E12-4The current sections of Sunn

Cash Flows”  Please respond to the following:
E12-4 The current sections of Sunn Inc.’s balance sheets at December 31, 2016 and 2017, are presented here. Sunn’s net income for 2017 was $153,000. Depreciation expense was $27,000.
Prepare the net cash provided by operating activities section of the company’s statement of cash flows for the year ended December 31, 2017, using the indirect method. Suggest a meaning for this number. 
Prepare statement of cash flows—indirect method.
Check Figure for E12-4     Net cash provided $191,000.


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