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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 current accounts.) (Click

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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 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. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts than 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: Net Cash Provided by (Used for) Operating Activities Data table 2024 2023 Current Assets: Cash $ 100,200 $ 17,000 63,500 69,100 Accounts Receivable 84,000 81,000 Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 58,000 55,600 14,400 16,600 Print Done Data table Transaction Data for 2024: 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 $ 41,000 21,000 76,000 120,000 Payment of notes payable Payment of cash dividends Issuance of notes payable to borrow cash Gain on sale of building Net income $ 44,100 47,000 61.000 1,500 69,500 55,000

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