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Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2024: (Click the icon to view the transaction data.) (Click
Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2024: (Click the icon to view the transaction data.) (Click the icon to view the current accounts.) Prepare Carlson'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 tha 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.) Carlson, Inc. 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 (Used for) Operating Activities: Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2024: (Click the icon to view the transaction data.) (Click the icon to view the current accounts.) Prepare Carlson'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 tha 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.) Carlson, Inc. 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 (Used for) Operating Activities: , , ACCOU Inc. have assembled the following data for the year ended December 31, 2024: (Click the icon to view the transaction data.) (Click the icon to view the current accounts.) Prepare Carlson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Net Cash Pinuirted hu (lisad for) Investing Activities Prepare Carlson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financ 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 (Decreasel in Cash I Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2024: (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Carlson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 Non-cash Investing and Financing Activities: O Total Non-cash Investing and Financing Activities Data table 2024 2023 t Cash Provided by (U t Increase (Decrease) sh Balance, Decembe sh Balance, Decembe Current Assets: Cash Accounts Receivable Merchandise Inventory $ 80,100 $ 16,000 63,900 69,600 86,000 80,000 Current Liabilities: Accounts Payable 58,100 55,500 n-cash Investing and I Income Tax Payable 14,200 16,300 tal Non-cash Investing Print Done - X (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Carlson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. Data table Transaction Data for 2024: Issuance of common stock for cash $ 35,000 Payment of notes payable $ 45,100 Depreciation expense 19,000 Payment of cash dividends 51,000 Purchase of equipment with cash 76,000 Issuance of notes payable to borrow cash 60,000 Acquisition of land by issuing long-term notes payable 120,000 Gain on sale of building 6,500 Book value of building sold 59,000 Net income 63,000 Print Done
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