Question: - Data Table Accountants for Johnson, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the



- Data Table Accountants for Johnson, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Johnson's statement of cash flows using the indirect method. Include an accompanying schedule of non- Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a miny statement, leave the box empty; do not select a label or enter a zero.) 2018 2017 Current Assets: It used in the Cash $ 21,000 88,800 $ 64,500 Johnson, Inc. Accounts Receivable 69,300 Statement of Cash Flows 88,000 84,000 Merchandise Inventory Current Liabilities: Year Ended December 31, 2018 58,000 56,100 Accounts Payable Income Tax Payable 14,900 17,200 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Data Table Transaction Data for 2018: $ 45,100 54,000 Issuance of common stock for cash Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold $ 41,000 Payment of notes payable 17,000 Payment of cash dividends 75,000 Issuance of notes payable to borrow cash 115,000 Gain on sale of building 52,000 Net income 61,000 4,000 Net Cash Provided by (Used for) Operating Activities 70,500 Choose from any list or enter any number in the input fields and then continue Print Done Accountants for Johnson, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Johnson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2017 Cash Balance, December 31, 2018 Non-cash Investing and Financing Activities: Total Non-cash Investing and Financing Activities
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