The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2020, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund. Prepare the reconciliation of operating income to net cash provided by operating activities that would appear at the bottom of the December 31 Statement of Cash Flows. Recall that the beginning balance of all assets and liabilities is zero. (Deductions should be entered as a negative amount.)

Hello your question lacks some details and attached to the answer is the missing parts of the question although the year is slightly different ( 2017 ) and yours is 2020 but the General idea of what you want is contained in it

ANSWER: Net cash provided by operating activities = 93000

Explanation:

Before preparing the reconciliation of operating income to net cash provided by operating activities  we will have to calculate the operating income form the given table

Charge for sales = 555,000

Less: Cost of goods = -497,000

Administrative and selling expenses =  -49,000

Depreciation expense = -47,000

Operating Income = (charge for sales + cost of goods + admin and selling expenses + depreciation expenses  ) = -38000

Note : interest income and interest expenses are not considered when calculating operating income

Note : when calculating the net cash provided, Increase in current liabilities is been added and increase in current assets is been subtracted while depreciation is been added to the operating income

ATTACHED TO THIS ANSWER IS THE TABLES SHOWING THE COMPLETE ANSWER AND THE COMPLETE QUESTION

answer; communities of interest; i believe this is correct, plz check first good luck;

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