Data Table Cash Beginning bal Sale of long-term investment Collections from customers Issuance of common stock Receipts of dividends 399,000 62,000 143,300 27,000 31,200 e accompanying vi Incing activities. (L 34,900 Payments on accounts payable 18,200 Payments of dividends 661,000 Payments of salaries and wages 47,600 Payments of interest 71,400 Purchase of equipment Payments of other operating expenses Payment long-term note payable Purchase of treasury stock Payment of income tax 46 200 ico 34,900 ow 41,700 cem 28,900 18,900 Ending Bal Common Stock Beginning bal Issuance for cash 78.800 47.600 he inpd Print Done Data Table 62.000 Sale or long-term investment Collections from customers Issuance of common stock Receipts of dividends 0 18,200 Payments or dividenas 661,000 Payments of salaries and wages 47,600 Payments of interest 71,400 Purchase of equipment Payments of other operating expenses Payment of long-term note payable Purchase of treasury stock Payment of income tax 46.200 e accompanying schedule of non 143,300 27,000 31,200 34,900 41,700 28,900 18,900 ivi Incing activities. (Use parentheses ca ow Ending Bal cem Common Stock Beginning bal Issuance for cash Issuance to acquire land Issuance to retire note payable Ending bal 78,800 47,600 61,700 24,000 212,100 inpl Print Done Data Table tol Super Electric Company Income Statement Year Ended December 31, 2018 an Revenues: activities. Also prepa Sales revenue meth Dividend revenue $ 646,600 71,400 pncash investing and 718,000 $ 345,700 Total revenue Expenses and losses: Cost of goods sold Salary and wage expense Depreciation expense Other operating expense Interest expense Income tax expense 151,200 19,200 23,100 29,500 15,900 4,400 Loss on sale of investments conti Print Done an i Data Table n to Year Ended December 31, 2018 Revenues: Sales revenue pan $ 646,600 71,400 Dividend revenue activities. Also Total revenue meth 718,000 pncash investing 345,700 Expenses and losses: Cost of goods sold Salary and wage expense Depreciation expense Other operating expense 151,200 19,200 23,100 29,500 15,900 4,400 Interest expense Income tax expense Loss on sale of investments Total expenses and losses 589,000 Net income $ 129,000 men contil Print Done ompany ha i Data Table icon to vie Super Electric Company Selected Balance Sheet Data December 31, 2018 Company fo Increase ng activities ect method (Decrease) bf noncash in $ d) Current assets: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses Land Equipment, net Long-term investments Current liabilities: Accounts payable 11,300 (14,400) 45,600 800 61,700 12.000 (22,600) (7.700) then continue Print Done ny ha Data Table to vie Accounts receivable (14,400) Inventories 45,600 Prepaid expenses 800 any fol Land 61,700 ng activities. A ethod 12,000 (22,600) pf noncash inve Equipment, net Long-term investments Current liabilities: Accounts payable Interest payable Salary payable Other accrued liabilities Income tax payable Long-term note payable Common stock Retained earnings Treasury stock (7,700) 2,500 7,900 (11,000) (3,000) (65,700) 133,300 67,000 28,900 continue Print Done o To prepare the statement of cash flows accounts for Super Electric Company have summarized 2018 activity in two Click the icon to view the transaction data) Super Electric's 2018 income statement and balance sheet data follow Click the icon to view the income statement Tick the icon to view the sheet Read the remonts Requirement 1. Prepare the statement of cash flows of Super Bectric Company for the year anded December 31, 2018, using the direct method to report operating Aso prepare the accompanying schedule of local investing and thancing activities Start by computing the cash fows trom operating activites using the direct method. Then complete the statement of confrows and the accompanying schedule of noncasn investing and fancing activities. (Uwe perechoses craniu sigter numbers to be subtracted and for a netre Incash) Super Electric Company Statement of Cash Flows (Direct Method Year Ended December 31, 2018 Cashflows from operating activities Total Payment Choose from any ist or enter any number in the input fields and then continue to the next question To prepare the statement of cash flows, accountants for Super Electric Company have summarized 2018 activity in two accounts: (Click the icon to view the transaction data.) Super Electric's 2018 income statement and balance sheet data follow: (Click the icon to view the income statement.) (Click the icon to view the balance sheet data.) Read the requirements Payments: Total cash payments Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Choose from any list or enter any number in the input fields and then continue to the next question. To prepare the statement of cash flows, accountants for Super Electric Company have summarized 2018 activity in two accounts: Click the icon to view the transaction data.) Super Electric's 2018 income statement and balance sheet data follow: (Click the icon to view the income statement.) (Click the icon to view the balance sheet data.) Read the requirements Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash Noncash investing and financing activities: Total noncash investing and financing activities Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 2.Use Super Electric's 2018 come statement and Womation from is selected balance sheet data to prepare a suplementary schedule of cash flows from operating sing the Indirect method (Une parenthesesora minus sign for numbers to be subtracted and for a net decrease inch) Super Electric Company Partial Statement of Cash Flows (indirect Method) Year Ended December 31, 2018 Cash flows from operating activities Adjustments to reconcile net income to nel cash provided by operating activities Choose from any ist or enter any number in the routfelds and then continue to the next gestion To prepare the statement of cash flows, accountants for Super Electric Company have summarized 2018 activity in two accounts: (Click the icon to view the transaction data.) Super Electric's 2018 income statement and balance sheet data follow: (Click the icon to view the income statement.) Click the icon to view the balance sheet data.) Read the requirements Adjustments to reconcile net income to net cash provided by operating activities: Net cash provided by (used for) operating activities Choose from any list or enter any number in the input fields and then continue to the next