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Accountants for Johnson, Inc. have assembled the following data for the year ended December 31, 2018: EEBClick the icon to view the transaction data.) (Click
Accountants for Johnson, Inc. have assembled the following data for the year ended December 31, 2018: EEBClick the icon to view the transaction data.) (Click the icon to view the current accounts.) Prepare Johnson'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 the statement, leave the box empty; do not select a label or enter zero.) Johnson, Inc. Statement 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: Choose from any list or enter any number in the input fields and then continue to the next question. ? 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: Prepare Johnson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing 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 Choose from any list or enter any number in the input fields and then continue to the next question. Net Cash Provided by (Used for) 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 Choose from any list or enter any number in the input fields and then continue to the next question. Data Table Transaction Data for 2018: S 41,000 Payment of notes payable S 43,100 Issuance of common stock for cash Depreciation expense 16,000 Payment of cash dividends 47,000 Purchase of equipment with cash 76,000 Issuance of notes payable to borrow cash 60,000 Acquisition of land by issuing long-term notes payable 115,000 Gain on sale of building 3,000 Book value of building sold 53,000 Net income 73,500 Print Done Data Table 2018 2017 Current Assets: 98,600 S Cash 26,000 63,500 Accounts Receivable 69,000 Merchandise Inventory 88,000 78,000 Current Liabilities: Accounts Payable 57,800 55,900 Income Tax Payable 14,300 16,500 Print Done
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