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b Erics Data table ment of Cal x Year En ivities: $110.000 31.000 income to r) operating Not income Payment of dividends Proceeds from the
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Erics Data table ment of Cal x Year En ivities: $110.000 31.000 income to r) operating Not income Payment of dividends Proceeds from the issuance of common stock Sales revenue Decrease in current assets other than cash Purchase of treasury stock $? Cost of goods sold 6,500 Other operating expenses Purchase of equipment 25,000 with cash 230,000 Decrease in current Payment of note payable 38,000 Proceeds from sale of land. 3,000 Depreciation expert 45.000 1.000 34000 27.000 2000 (used for op Print Done in data for the year ended on 2018 Click the loon to view the data.) Prepare the operating activities section of Ericson's statement of cash flows for the year ended on 30, 2018. The company and thought for a net decrease in cash) Ericson Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2018 Cash flows from operating activities: Adjustments to reconciliane income to net cash provided by used for operating active Not cash provided by used for operating as Nest Cash flows from operating activities: Ended June 30, 2018 Depreciation Decrease in current assets other than cash Decrease in current liabilities Net Income Payment of dividends Payment of notes payable Proceeds from sale of tand Proceeds from the issuance of common stock Purchase of equipment Purchase of treasury stock Depreciation Decrease in current assets other than cash Er Decrease in current liabililites Pr foi Net income U2 Payment of dividends Payment of notes payable et Proceeds from sale of land Proceeds from the issuance of commclio stock Purchase of equipment Net cash provided by (used for) operating activities Er for the Decrease in current liabililites Pr sh flows foi Net income Payment of dividends Payment of notes payable ethod) Proceeds from sale of land Proceeds from the issuance of common stock Purchase of equipment Purchase of treasury stock Net cash provided by (used for) operating activities Step by Step Solution
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