Accountants for Smithson, 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 Smithson'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.) Smithson, Inc. Statement of Cash Flows Year Ended December 31, 2018 Data Table Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities 2018 2017 Current Assets Cash Accounts Receivable Merchandise Inventory 5 81,000 $ 23,000 89,000 77,000 84,300 82,000 Current Liabilities Accounts Payable Income Tax Payable 57,700 5,000 14,700 16,500 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities Print Done Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities Data Table Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2017 Cash Balance, December 31, 2018 Transaction Data for 2018: S 51,100 52,000 88,000 2,000 88,500 Issuance of common stock for cash 35,000 Payment of notes payable 17,000 75,000 cash 118,000 52,000 Net income Payment of cash dividends Issuance of notes payable to borrow Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold Non-cash Investing and Financing Activities Gain on sale of building and Financing Activities Total Non-cash Investing Print Done