Devar 2/02/21 12:15 PM Home Question 6, SF14-8 (simi... Part 1 of 4 HW Score: 88.72%, 7.1 of 8 points Points: 0.21 of 1 Save Rouse Media Corporation had the following income statement and balance sheet for 2024: Click the icon to view the income statement.) Click the icon to view the balance sheet.) During the year Rouse issued a $4,600 note payable. Rouse acquired equipment worth $13,100, and made payments on the long-term notes payable in the amount of $9,600 during the year. Assume the company paid cash for the acquisition of plant assets. Prepare Rouse Media's statement of cash flows-Indirect method for the year ended December 31, 2024. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Rouse Media Corporation Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Net Cash Provided by (Used for) Operating Activities Led a $4,60 9,600 dr atement Data table us sign It a labe ne sectid ecrease Rouse Media Corporation Income Statement Year Ended December 31, 2024 $ 74,000 Sales Revenue rating Acti Depreciation Expense-Plant Assets 12,100 53,000 Other Expenses $ 8,900 concile Net Net Income ed by Opera Print Done led by (Used for) Operating Activities he Rouse Media Corporation Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Assets pa bre ao Current Assets: $ 4,500 $ 4,100 Cash 10,100 7,600 Accounts Receivable Long-term Assets: per Plants Assets 102,350 (31,350) 89,250 (19,250) Accumulated Depreciation-Plant Assets $ 85,600 $ 81,700 Decor Total Assets ded Liabilities Current Liabilities: $ 7,500 $ 5,000 Accounts Payable vided by Print Done