Question: Table X 2018 2017 Current Assets: Cash $ 105,300 $ 64,600 82,000 19,000 69,600 80,000 Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Income Tax

 Table X 2018 2017 Current Assets: Cash $ 105,300 $ 64,600
82,000 19,000 69,600 80,000 Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable
Income Tax Payable 56,300 58,300 14,200 16,300 Print Done i Data Table
Transaction Data for 2018: Issuance of common stock for cash $ 43,000
Depreciation expense Purchase of equipment with cash Acquisition of land by issuing

Table X 2018 2017 Current Assets: Cash $ 105,300 $ 64,600 82,000 19,000 69,600 80,000 Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 56,300 58,300 14,200 16,300 Print Done i Data Table Transaction Data for 2018: Issuance of common stock for cash $ 43,000 Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold 19,000 79,000 117,000 Payment of notes payable Payment of cash dividends Issuance of notes payable to borrow cash Gain on sale of building Net income $ 42,100 47,000 59,000 6,000 58,000 72,500 Print Done vities e input fields and then continue to the next question. MacBook Air Accountants for Morston, Inc. have assembled the following data for the year ended December 31, 2018: B! (Click the icon to view the current accounts.) Click the icon to view the transaction data.) Prepare Morston's statement of cash flows using the Indirect method. Include an accompanying schedule of non cash investing and financing activities. Complete the staternent one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that remult in not select a label or enter a zero.) Morton, 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 Cash Flows from Investing Activities: Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air Accountants for Mornton, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the current accounts.) Click the icon to view the transaction data.) Prepare Morston's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing 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 Non-cash Investing and Financing Activities: Choose from any list or enter any number in the input fields and then continue to the next question. Accountants for Morston, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Morston's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activite 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 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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