Rouse Media Corporation had the following income statement and balance sheet for 2024: (Click the icon...

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Rouse Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) During the year Rouse issued a $5,000 note payable. Rouse acquired equipment worth $22,000, and made payments on the long-term notes payable in the amount of $12,000 during the year. Assume the company paid cash for the acquisition of plant assets. Prepare Rouse Media's statement of cash flows-indirect method-for the year ended December 31, 2024. 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 no used in the statement, leave the box empty; do not select a label or enter a zero.) Rouse Media Corporation Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Net Cash Provided by (Used for) Operating Activities pages Get more help - Clear all Check answer < Part 1 of 4 O Points: 0 of 10 ration had the following income statement and balance sheet for 2024: o view the income statement.) (Click the icon to view the balance sheet.) se issued a $5,000 note payable. Rouse acquired equipment worth $22,000, and made payments on the long-term notes payal my paid cash for the acquisition of plant assets. dia's statement of cash flows-indirect method-for the year ended December 31, 2024. Data table ment one section ent, leave the box Rouse Media Corporation Income Statement Ye Year Ended December 31, 2024 Operating Activi Sales Revenue $ 79,000 Depreciation Expense-Plant Assets 16,000 Reconcile Net In 53,000 Other Expenses ovided by Operati $ 10,000 Net Income vided by (Used for Print Done O - X sign or parentheses for amount Graded edia Corporation k the icon to view e year Rouse iss the company paid Rouse Media's sta Data table Ion 5, SF16-8 (similar to) Rouse Media Corporation HW Score: 39.2%, 20.78 Roints: 0 of 10 - X long-term notes pay Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Assets Current Assets: e the statement or he statement, lea arentheses for amour Cash $ 5,300 $ 4,500 Accounts Receivable 8,100 5,600 Long-term Assets: Plants Assets 102,350 80,350 Flows from Operat come stments to Recon Accumulated Depreciation-Plant Assets (31,350) (15,350) $ 84,400 $ 75,100 Total Assets Cash Provided b Current Liabilities: Accounts Payable Long-term Liabilities: Notes Payable f Total Liabilities Cash Provided by et more help Liabilities $ 8,500 $ 6,000 7,000 14,000 15,500 20,000 Stockholders' Equity Print Done Rouse Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) During the year Rouse issued a $5,000 note payable. Rouse acquired equipment worth $22,000, and made payments on the long-term notes payable in the amount of $12,000 during the year. Assume the company paid cash for the acquisition of plant assets. Prepare Rouse Media's statement of cash flows-indirect method-for the year ended December 31, 2024. 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 no used in the statement, leave the box empty; do not select a label or enter a zero.) Rouse Media Corporation Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Net Cash Provided by (Used for) Operating Activities pages Get more help - Clear all Check answer < Part 1 of 4 O Points: 0 of 10 ration had the following income statement and balance sheet for 2024: o view the income statement.) (Click the icon to view the balance sheet.) se issued a $5,000 note payable. Rouse acquired equipment worth $22,000, and made payments on the long-term notes payal my paid cash for the acquisition of plant assets. dia's statement of cash flows-indirect method-for the year ended December 31, 2024. Data table ment one section ent, leave the box Rouse Media Corporation Income Statement Ye Year Ended December 31, 2024 Operating Activi Sales Revenue $ 79,000 Depreciation Expense-Plant Assets 16,000 Reconcile Net In 53,000 Other Expenses ovided by Operati $ 10,000 Net Income vided by (Used for Print Done O - X sign or parentheses for amount Graded edia Corporation k the icon to view e year Rouse iss the company paid Rouse Media's sta Data table Ion 5, SF16-8 (similar to) Rouse Media Corporation HW Score: 39.2%, 20.78 Roints: 0 of 10 - X long-term notes pay Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Assets Current Assets: e the statement or he statement, lea arentheses for amour Cash $ 5,300 $ 4,500 Accounts Receivable 8,100 5,600 Long-term Assets: Plants Assets 102,350 80,350 Flows from Operat come stments to Recon Accumulated Depreciation-Plant Assets (31,350) (15,350) $ 84,400 $ 75,100 Total Assets Cash Provided b Current Liabilities: Accounts Payable Long-term Liabilities: Notes Payable f Total Liabilities Cash Provided by et more help Liabilities $ 8,500 $ 6,000 7,000 14,000 15,500 20,000 Stockholders' Equity Print Done