Accountants for Jackson, 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 Jackson's statement of cash flows using the indirect method. Include an accompanying schedule Complete the statement one section at a time, beginning with the cash flows from operating activities. (Us box empty; do not select a label or enter a zero.) Jackson, 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: Data table Transaction Data for 2024: Issuance of common stock for cash Depreciation expense $ 36,000 Payment of notes payable $ 45,100 25,000 Payment of cash dividends 53,000 Purchase of equipment with cash 68,000 Issuance of notes payable to borrow cash 67,000 Acquisition of land by issuing long-term notes payable 120,000 Gain on sale of building 3,500 Book value of building sold 52,000 Net income 66,500 Data table Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Current Assets: Print Done 2024 2023 Cash Accounts Receivable Merchandise Inventory $ 107,700 $ 23,000 63,900 69,600 85,000 84,000 Current Liabilities: Accounts Payable 57,400 56,000 Next Income Tax Payable 14,900 16,700