Question: please answer this requirement in green for homework The 2018 income statement and comparative balance sheet of Sweet Valley, Inc. follow: Additionally, Sweet Valley purchased

please answer this requirement in green for homework
please answer this requirement in green for homework The 2018 income statement
and comparative balance sheet of Sweet Valley, Inc. follow: Additionally, Sweet Valley
purchased land of $20,900 by financing it 100% with long-term notes payable
during 2018. During the year, there were no sales of land, no

The 2018 income statement and comparative balance sheet of Sweet Valley, Inc. follow: Additionally, Sweet Valley purchased land of $20,900 by financing it 100% with long-term notes payable during 2018. During the year, there were no sales of land, no retirements of stock, and no treasury stock transactions. A plant asset was disposed of for $0. The cost and the accumulated depreciation of the disposed asset was $13,240. Plant asset was acquired for cash. Requirements 1. Prepare the 2018 statement of cash flows, formatting operating activities by the indirect method. SWEET VALLEY, INC. 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 Operating Activities: Depreciation Expense - Plant Assets Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by Opeifing Activities Cash Flows from Investing Activities: Acquisition of Plant Assets Net Cash Used for Investing Activities Cash Flows from Financing Activities: Cash Receipt from Issuance of Common Stock Cash Payment of Notes Payable Cash Payment of Dividends Net Cash 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: Acquisition of Land by issuing Long-term Notes Payable Total Non-cash Investing and Financing Activities

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