2 of 7 (1 complete) Score: 0 of 1 pt S11-6 (similar to) HW Score: 14.29%, 1 of 7 pts Question Help Edgardo Corporation accountants have assembled the following data for the year ended June 30, 2018: (Click the icon to view the data.) Prepare the operating activities section of Edgardo's statement of cash flows for the year ended June 30, 2018. The company uses the indirect method for operating cash flows. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) i Data Table - Edgardo Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net income......... Payment of dividends Proceeds from the issuance of common stock $? Cost of goods sold ........... . $ 113,000 6,100 Other operating expenses.... 40,000 Purchase of equipment 16,000 with cash... 45,000 226,000 Increase in current liabilities..................... 11,000 Payment of note payable ........... 25,000 33,000 Proceeds from sale of land. 27,000 10,000 Depreciation expense.... . 11,000 Sales revenue .................... Increase in current assets other than cash Net cash provided by (used for) operating activities Purchase of treasury stock ... Print Done