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1 Data Table - X 2018 2017 Current Asse's Cash kocounts Receivable 90.800 S 25.500 22.100 Werenand se Inventory Surrer: 120 lites 31.100 23.100 Print Done Data Table 18.800 20.200 54.800 Depreciation expense Purchase of building with a Payable Done Requirements 1. Prepare the statement of cash fows of Johnson Educational Supply for the Year ended December 31, 2018. Use the indirect method to report cash fows from operating activities. Evaluate Johnson's cash flows for the year. Menton all three categories of cash flows, and give the reason for your evaluation. 3. Lohnson plans simi ar activity for 2018. what s its expected free cash few? Print Done Johnson Educational Supply Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Increase in Accounts Payable Read the requirements. Increase in Accounts Payable Decrease in Accounts Receivable Increase in Merchandise Inventory Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities