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i Data Table 2018 2017 Current Assets: Cash $ 91,900 $ 16,000 64,600 69,500 Accounts Receivable Merchandise Inventory f Current Liabilities: 85,000 80,000 57,500 Accounts Payable Income Tax Payable 55,400 14,200 16,200 Print Done Data Table - X Transaction Data for 2018: Issuance of common stock for cash Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold $ 42,000 18,000 80,000 121,000 60,000 Payment of notes payable Payment of cash dividends Issuance of notes payable to borrow cash Gain on sale of building Net income $ 50,100 46,000 67,000 2,000 65,000 Print Done Smithson, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income 65,000 Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense 18,000 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: 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.) 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-ca 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 one 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

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