Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2018: E: (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 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.) X Data table Carlson, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Transaction Data for 2018: $ 39,000 18,000 $ 45,100 55,000 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 79,000 Payment of notes payable Payment of cash dividends Issuance of notes payable to borrow cash Gain on sale of building Net income 58,000 122,000 6,000 61,000 70.500 Print Done Net Cash Provided by (Used for) Operating Activities - X Data table 2018 2017 Current Assets: Cash 26.000 96,300 $ 64,200 Accounts Receivable 69,500 79,000 77,000 Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 58,200 56,200 14,500 16,900