Accountants for Smithson, Inc. have assembled the following data for the year eneded December 31,2018.

Prepare Smithson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and fiancing activites.

OLD Data Table 2018 2017 Current Assets: Cash $ 109,400 $ 24,000 Accounts Receivable 64,300 68,800 Merchandise Inventory 86,000 84,000 Current Liabilities: 57,400 55,600 Accounts Payable Income Tax Payable 14,600 16.900 Data Table - State ear End me to N ctivities Transaction Data for 2018: 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 $ 41,000 Payment of notes payable 20,000 Payment of cash dividends 68,000 Issuance of notes payable to borrow cash 118,000 Gain on sale of building 56,000 Net Income $ 47,100 48,000 59,000 5.000 70,500 Print Done mberin Prepare Smithson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities Smithson, Inc. 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 Choose from any list or enter any number in the input felds and then continue to the next question Prepare Smithson's statement of cash flows using the indirect method. Include an accompanying schedule of 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 Choose from any list or enter any number in the input fields and then continue to the next question repare Smithson's statement of cash flows using the indirect method. Include an accompanying schedule of non COSITIONS TONTICHY ACUVUES 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 ICUL VIEW Prepare Smithson's statement of cash flows using the indirect method. Include an accompanying schedule of non-c 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