Question: Please help solve. Show your math. Prepare Smithson's statement of cash flows using the indirect method. 2018 2017 Current Assets Cash 22.000 $ 101,800 S

Please help solve. Show your math.

Prepare Smithson's statement of cash flows using the indirect method.

Please help solve. Show your math. Prepare Smithson's statement of cash flows

using the indirect method. 2018 2017 Current Assets Cash 22.000 $ 101,800

S 64.600 69.000 88,000 84.000 Accounts Receivable Merchandise Inventory Current Liabilities Accounts

Payable Income Tax Payable 58,000 55 400 14,200 16.300 Print Done its

to Reconcile Net Income to Net Cash Data Table - X Transaction

Data for 2018: Issuance of common stock for cash $ 45,000 Payment

2018 2017 Current Assets Cash 22.000 $ 101,800 S 64.600 69.000 88,000 84.000 Accounts Receivable Merchandise Inventory Current Liabilities Accounts Payable Income Tax Payable 58,000 55 400 14,200 16.300 Print Done its to Reconcile Net Income to Net Cash Data Table - X Transaction Data for 2018: Issuance of common stock for cash $ 45,000 Payment of notes payable 23.h00 Payment of cash dividends $ 50,100 51,000 61,000 Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold 73,000 Issuance of notes payable to borrow cash 123.000 Gain on sale of building 58,000 Net income 5,500 66,000 Print Done 3 Question Help Accountants for Smithson, Inc. have assembled the following data for the year ended December 31, 2018 E(Click the icon to view the current accounts.) BEE Click the icon to view the transaction data.) Prepare Smithson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Smithson, 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 (Used for) Operating Activities: Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Smithson, 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 (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities haticities 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 linn and Financing 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 Choose from any list or enter any number in the input fields and then continue to the next

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