Accountants for Johnson, 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 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. (Uso a minus sign or parentheses for amounts t not select a label or enter a zero.) Johnson, Inc. Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities: Not Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activites Depreciation Expense Gain on Sale of Building Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Income Tax Payable Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Chants Accountants for Johnson, 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 Johnson's statement of cash flows using the indirect method. Include an accompanying schedule of non- 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 Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 Accountants for Johnson, Inc. have assembled the following data for the year ended December 31, 2024: B Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Johnson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash 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 Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 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 de an accompanying schedule of non-cash investing and financing activities. i Data Table 2024 2023 Current Assets: Cash $ 100,700 $ 26,000 64,400 88,000 69,200 74,000 Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 58,000 56,300 17,300 14,100 Print Done ing Activities i Data Table 1 $ 37,000 21,000 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 $ 50,100 52,000 66,000 acing Activities Payment of notes payable Payment of cash dividends Issuance of notes payable to borrow cash Gain on sale of building Net income 69,000 118.000 60,000 4,000 72.500 Print Done vities: ng Activities Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Acquisition of Land by Issuing Long-term Notes Payable Cash Payment of Dividends Cash Payment of Notes Payable Cash Payment for Acquisition of Equipment Cash Receipt from Issuance of Common Stock Cash Receipt from Issuance of Notes Payable Cash Receipt from Sale of Building Decrease in Accounts Receivable Decrease in Income Tax Payable Depreciation Expense Gain on Sale of Building Increase in Accounts Payable Ch Increase in Merchandise Inventory n contir
