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Homework: Chapter 14 Homework Score: 0 of 3 pts 3 of 3 (1 complete) Question 3, P14-42B (book/static) Requirements The comparative balance sheet of Robeson Educational Supply at Dece EEB Click the icon to view the comparative balance sheet.) Robeson's transactions during 2018 included the following EEB (Click the icon to view the transactions.) Read the requirements 1. Prepare the statement of cash flows of Robeson Educational Supply for the year ended December 31, 2018. Use the indirect method to report cash flows from operating activities 2. Evaluate Robeson's cash flows for the year. Mention all three categories of cash flows, and give the reason for your evaluation Requirement 1. Prepare the statement of cash flows of Robeson Educat3. If Robeson plans similar activity for 2018, what is its expected free cash flow? select a label or enter a zero.) ws from operating Complete the statement one section at a time, beginning with the cash fl Print Done Robeson Educational Supply Statement of Cash Flows Year Ended December 31, 2018 i Data Table Cash Flows from Operating Activities 2018 2017 Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Current Assets Cash Accounts Receivable Merchandise Inventory $ 83,900 S 20,500 21,800 60,400 14,500 61,800 Current Liabilities Accounts Payable 29,600 28,100 Accrued Liabilities 10.500 11.900 Print Done Net Cash Provided by (Used for) Operating Activities Data Table 21,200 Depreciation expense 54,400 Purchase of building with cash 103,000 44,000 Net income 111,000 S 17,400 Payment of cash dividends Purchase of equipment with cash Issuance of long-term notes payable to borrow cash Issuance of common stock for cash Choose from any list or ent 63,600 parts remaining Clear All