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 that 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: Acquisition of Land by Issuing Long-term Notes Payable n Cash Payment of Dividends Cash Payment of Notes Payable Ac Cash Payment for Acquisition of Equipment Pr ac Cash Receipt from Issuance of Common Stock Cash Receipt from Issuance of Notes Payable HW Sco O Poin ded Dece view the accompa Cash Receipt from Sale of Building Decrease in Accounts Receivable Decrease in Income Tax Payable Depreciation Expense Gain on Sale of Building P PI a Data table Current Assets: Cash 2024 2023 $ 111,700 $ 24,000 Accounts Receivable Merchandise Inventory 63,800 69,100 85,000 82,000 Current Liabilities: Accounts Payable 58,000 55,900 Income Tax Payable 14,500 16,600 Print Done -X gs Data table Transaction Data for 2024: Issuance of common stock for cash $ 42,000 Payment of notes payable $ 43,100 Depreciation expense 25,000 Payment of cash dividends 53,000 Purchase of equipment with cash 75,000 Issuance of notes payable to borrow cash 65,000 Acquisition of land by issuing long-term notes payable 116,000 Gain on sale of building 2,500 Book value of building sold 57,000 Net income 67,500 Print Done - X