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Bannen Office Machines, Inc.'s accountants assembled the following selected data for the year ended December 31, 2018 Click the icon to view the current accounts.)

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Bannen Office Machines, Inc.'s accountants assembled the following selected data for the year ended December 31, 2018 Click the icon to view the current accounts.) Click the icon to view the transaction data) Requirement 1. Prepare Bannon Office Machines, Inc.'s statement of cash flows using the indirect method to report operating activities List noncash investing and financing activities on an accompanying schedule 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 Net cash provided by used for) operating activities Choose from any list or enter any number in the input fields and then click Check Answer Bannen Office Machines, Inc. 2018 2017 December 31 46.900 $ 25,300 71,100 65,200 Current assets: Cash and cash equivalents ...... $ Accounts receivable Inventory Current liabilities: Accounts payable Income tax payable 79,600 83,700 $ 56,400 $ 55,100 5,700 8,600 Transaction Data for 2018: $ 56.700 Net income IN 13,000 30.000 14,000 HER 11.300 18,600 NIMI Purchase of treasury stock. Issuance of common stock for cash. Loss on sale of equipment. Payment of cash dividends Depreciation expense Issuance of long-term note payable in exchange for cash Purchase of building for cash Retirement of bonds payable by issuing common stock Sale of equipment for cash. 25,000 170,000 55,000 75,000

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