Problem:
Discuss an item that was included when calculating net income, but is adjusted as an increase or decrease to determine cash provided by (used in/by) operating activities. Note, increases and decreases in the operation activities section of the cash flows result from changes in current assets, current liabilities, gains, and losses. Include a summary of how that particular item impacted net income (or net loss) and why an adjustment might be necessary to reconcile net income to net cash flows from operating activities. If possible, use an item not already used in a classmate's post. In your post, include a screenshot of the statement of cash flows you are analyzing or provide the URL and applicable page number for the statement of cash flows. Participate in follow-up discussion by providing additional explanation on items identified by your classmates.