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Computer Equipment's accountants assembled the following data for the year ended September 30, 2018 (Cick the icon to view t data 2017, was $19,000 Prepare

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Computer Equipment's accountants assembled the following data for the year ended September 30, 2018 (Cick the icon to view t data 2017, was $19,000 Prepare Computer Equipments statement of cash fows for the vear ended September2 2018, using the indirect method. The cash balance for Computer Equipment Inc. at September Begin by compleing the cash flows from operating activibies. (Use parentheses or a minus sign for numbers to be subiracied.) Computer Fquipment, Inc. Statement of Cash Flows Yoar Endod Santember , 2018 Nat i perating activities S. 57.000 Adjustments to reconcile net income te t cash crovided by operating activtes Deprediation expense 16,000 Data Teble Increase in curent eslets (26,000) . 31.000 Net cash provided by (used for) operating activities S 57,000 Furchase of equipment Net income Now complete the cash flows trom investing activtes. (Use parentheses or a minus sign for numbers to be subtractad ) P uance of 65 n tock Cash flows from investing activities: Dacrease in currant labilities To00 16 000 Purchase of ecuipment with cash Paymant of long-tarm (65,000) Payment of dividendsa 18,000 63.000 Increase in currant assats note pavables 32,000 Proceeds from sale of land 35.000 63 000 Net cash provided by (used for) investing activides other than cash Proceeds fom sale of land Purchase of traatury stock 4,000 Depredation expensa 15,000 Next, compicte the cash tows from financing activities (Use parentheses ora minus sign for numbers to be subtracied ) Cash flows from financing activities Print Done Proceeds from ssunce of common stock 18,000 e payable 22 000 18.000 Payment of dividends (38000) et cash provided by (used tor) nnancing achvtas Finaly, complele the statement of cash lows. (Use parentheses or a minus sign for numbers to be sublracted.) et increase (decrease) In cash: Cash balance, September , 2017 Cash balance September 2018

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