Edward Corporation accountants have assembled the following data for the year ended June 30, 2018: (Click the icon to view the data.) Prepare Edward Corporation's statement of cash flows for the year ended June 30, 2018. The company uses the indirect method for operating activities Begin by completing the cash flows from operating activities. Then complete the remaining sections of the cash flow statement. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Edward Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2018 Cash flows from operating activities: Net income 55000 Adjustments to reconcile net income to net cash provided by (used for) operating activities: Depreciation 14000 Decrease in current assets other than cash Decrease in current liabilites Not cash provided by (used for) operating activities News Choose from any list or enter any number in the input fields and then click Check Answer ?ment HTT Edward Corporation accountants have assembled the following data for the year ended June 30, 2018: (Click the icon to view the data.) Prepare Eduard Corporation statement of cash flowme for the vaar onded lune 30 2018 The comnanuusee the indirect metho for operati i Data Table Begin by (Use parel lement Net income $ 116,000 40,000 Payment of dividends Proceeds from the issuance of common stock Cash fic 39,000 $ ? Cost of goods sold 5,900 Other operating expenses Purchase of equipment 26,000 with cash 225,000 Decrease in current liabillites Payment of note payable 35,000 Proceeds from sale of land 9,000 Depreciation expense Net Sales revenue 8,000 Adju Increase in current assets 28,000 net a other than cash 31.000 Purchase of treasury stock 14,000 Print Done