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Accountants from Johnson, Inc. have assembled the following data for the year ended December 31, 2018: Prepare Johnsons statement of cash flows using the indirect
Accountants from Johnson, Inc. have assembled the following data for the year ended December 31, 2018: Prepare Johnsons 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 parentheses or a minus sign for numbers to be subtracted. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Data Table 2018 2017 Current Assets: Cash Accounts Receivable Merchandise Inventory $ 110,300$ 20,000 64,000 68,800 80,000 84,000 Current Liabilities: Accounts Payable Income Tax Payable 58,200 55,900 14,200 16,900 Print Done
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