Data table - x $ 44,100 51,000 Transaction Data for 2024: 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 $ 46,000 Payment of notes payable 19,000 Payment of cash dividends 70,000 Issuance of notes payable to borrow cash 122,000 Gain on sale of building 55,000 Net income 60,000 5,500 70,500 Print Done Data table 2024 2023 Current Assets: Cash $ 103,000 $ 17,000 64,500 68,800 Accounts Receivable Merchandise Inventory Current Liabilities: 80,000 76,000 58,300 55,300 Accounts Payable Income Tax Payable 14,200 16,900 Print Done Morston, Inc. Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities