please complete entire spreadsheet with formulas thx

1 82 points Innovation Electronics, Inc has provided you with the year end Income Statement Balance Sheet. The Controller has asked you to prepare the Statement of Cash Flows for the same year ended December 31. Use the information included in the Excel Simulation and the Excel functions described below to complete the task Multi-Tob Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below. If in a blank cell on the Sheetitab Income Statement 1815' was entered the formula would output the result from cell 915 in the Balance Sheet tab or 16,000 in this example Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys plussion to adminus sign to subtract). asterisk sign to multiply, and/(forward stash to dividex From the Excel Simulation below on the Balance Sheet tab, it in a blank cel C15 C16 was entered the formula would add the values from those cells and output the result of 375,000 in this example if using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values You can add individual cell references or tanges to utilize this function. From the Excel Simulation below on the balance Sheet tab, it in a blank cell SUMC10C11 C12) was entered the formula would output the result of adding those three separate cells, or 236.740 in this example. Similarly, it in a blank cell SUMC10 C12" was entered the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 236,740 in this example encer E nces B D 1 Required: 2 Complete the statement of cash flows (indirect method) shown below by using formulas that reference 3 data from the income statement and balance sheet (found by clicking the tabs at the bottom of this 4 worksheet. Note: Blonk cells may be included in calculations. 5 6 INNOVATION ELECTRONICS, INC. 7 Statement of Cash Flows 8 For the Year Ended December 31, 20X2 9 Cash Flows from Operating Activities: 10 Net income 11 Adjustments to reconcile net income to net cash 12 provided by operating activities: 13 Depreciation expense 14 Gain (on sale of land) 15 Changes in current assets and current liabilities: 16 Accounts receivable 17 Inventory 18 Prepaid insurance 19 Accounts payable 20 Interest Davable B D E 5 eBook eferences 15 Changes in current assets and current liabilities: 16 Accounts receivable 17 Inventory 18 Prepaid insurance 19 Accounts payable 20 Interest payable 21 Income tax payable 22 Net cash provided by (used in) operating activities 23 24 Cash Flows from Investing Activities: 25 Purchase investments 26 Sale of land 27 Net cash provided by (used in) Investing activities 28 29 Cash Flows from Financing Activities: 30 Issue common stock 31 Issue long term note 32 Net cash provided by (used in) financing activities 33 Net increase (decrease) in cash 34 Cash at beginning of the period 35 Cash at end of the period 36 AA ezto meducation.com U FILE HOME DATA ww K Pacte TU A Confort HIN D Note: To complete the signet, po to the wind Cash Fr and complete the statement of cash flores INNOVATION ELECTRONICS INE IS 12 Net Unicorn 11 12 pm 13 Could 14 15 Depreciation expen 1. pe 11 Income 13SER SRO HE 30 READY Alam Next > LU BURELA would be 236740 in this example DB. HOU NU GEO Paste BIV Alte Conditional Format urmatting by 721 Nine Tocomplete rent, po to the worksheet beled Cith Flow and complete the models Note dominated the bottom of the statement NOVATION PUTRI Hali XU AS Tom ASIAN TV TE 16 DEN T be RO DEDE TIL TO TE 3.Cat Mc Graw Ne> esto education.com HD RE 1 12 more pe TA TUS 1 WL AN CI >