Question: Please help me answer: Use the following excerpts from Yardley Company's financial information. Dec. 31, 2018 Dec. 31, 2017 Cash $233,100 $208,000 Accounts Receivable 38,350

Please help me answer:

Please help me answer: Use the following excerpts from Yardley Company's financialinformation. Dec. 31, 2018 Dec. 31, 2017 Cash $233,100 $208,000 Accounts Receivable38,350 35,350 Merchandise Inventory 59,900 58,700 Land 165,000 65,000 Plant Assets 165,000

Use the following excerpts from Yardley Company's financial information. Dec. 31, 2018 Dec. 31, 2017 Cash $233,100 $208,000 Accounts Receivable 38,350 35,350 Merchandise Inventory 59,900 58,700 Land 165,000 65,000 Plant Assets 165,000 165,000 Accumulated Depreciation (49,000) (37,000) Total Assets $612,350 $495,050 Accounts Payable $29,100 $27,300 Accured Liabilities 15,500 12,000 Common Stock 45,000 20,000 Retained Earnings 522,750 435,750 Total Liabilities and Equity $612,350 $495,050 Additional Information: Net Income for 2018 $98,000 Depreciation Expense for 2018 12,000 Land Purchased, for Cash 100,000 Stock Issued in Exchange for Cash, At Pat Value 25,000 Dividend Declared and Paid 11,000 Prepare a statement of cash flows (indirect method) for the year 2018. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Cash Flow from Operating Activities: Net Income o Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Depreciation Expense Accounts Receivable Merchandise Inventory Accounts Payable Accrued Liabilities Net Cash Flow from Operating Activities Cash Flow from Investing Activities: Purchase of Land Net Cash Flow from Investing Activities Cash Flow from Financing Activities: Proceeds from Stock Issuance Payment of Dividends Net Cash Flow from Financing Activities Total Cash Flow Increase Cash Balance, December 31, 2017 Cash Balance, December 31, 2018

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