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Accountants for Jackson, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the current accounts.) (Click
Accountants for Jackson, Inc. have assembled the following data for the year ended December 31, 2018: (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 of non-cash investing and financing activities. statement, leave the box empty, do - X Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus not select a label or enter a zero - X Data table Data table 2018 2017 Current Assets: Transaction Data for 2018: Issuance of common stock for cash Cash $ 40,000 $ 48,100 $ 108,600 $ 63,900 23,000 69,100 22,000 Payment of notes payable Payment of cash dividends Issuance of notes payable to borrow cash 45,000 80,000 77,000 Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 70,000 Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold 60.000 57,800 56,300 16,400 116,000 Gain on sale of building 5,500 14,900 58,000 Not income 66,500 Print Done O Print Done 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: Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: 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 (Decrease) in Cash by Tor) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2017 Cash Balance, December 31, 2018 Non-cash Investing and Financing Activities: Total Non-cash Investing and Financing Activities
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