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Eduardo Corporation accountants have assembled the following data for the year endes June 30, 2018: (Click the icon to view the data.) direct method for
Eduardo Corporation accountants have assembled the following data for the year endes June 30, 2018: (Click the icon to view the data.) direct method for operating cash flows. Use parentheses or a minus sign for numbers to be subtracted and for a nel decrease in Prepare the cxxcrating acmics scow of Eduarda's slatement of cash flyn's for the yesir ended June 30, 2018. The xxnpxiny uses the cash.) Eduardo Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2018 Cash flows from operating activities: i Data Table Adjustments to reconcile net income to net cash provided by used for) operating activities: Net Income........... Payment of dividends ................. Proceeds from the issuance of common stock Sales revenus..... .. ... .. Increase in current assels other than cash ................... Purchase of treasury stock .... ....... $ ? Cost of goods sold......... .......... S 100,000 5,900 Other operating expenses.................... 31,000 Purchase of equipment 25,000 with cash ................... 44,000 229,000 Decrease in curent liabililites.................... 8,000 Payment of role payable .......... . ..... 3D,ODO 39,000 Proceeds from sale of land....................... 20,000 10.000 Depreciation expense................. .. 6,000 Nel cash provided by (used for) operating activities Print Done
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