Epic Corporation accountants have assembled the following data for the your ended June 30, 2018 (Click the icon to view the data) Prepare Epic Corporation's statement of cash flows for the year ended June 30, 2018. The company uses the indirect method for operating activities Epic Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2018 Cash flows from operating activities: Net income $ 71.000 Adjustments to reconcito net income to net cash provided by used for operating activities Depreciation 7.000 Increase in current issets other than cash (29,000) Increase in current liabilities 11,000 11,000) Not cash provided by (used for operating activities 60,000 Cash flows from Investing activities: Net cash provided by used for investing activities Corporation accountants have assembled the (Click the icon to view the data) Dare Epic Corporation's statement of cash flows for the year ende Epic Corporation leti Decrease in current assets other than cash Decrease in current liabilities Depreciation Increase in current assets other than cash Increase in current liabilities Net income Payment of dividends Payment of note payable Proceeds from issuance of common stock Proceeds from sale of land Purchase of equipment Purchase of treasury stock $ Net cash provided by (used for investing activities Net income $ 118,000 33,000 Payment of dividends Proceeds from the issuance of common stock $ ? Cost of goods sold 10,000 Other operating expenses Purchase of equipment 15,000 with cash 229,000 Increase in current liabilities. Payment of note payable 29,000 Proceeds from sale of land 9,000 Depreciation expense Sales revenue Increase in current assets other than cash 38,000 11,000 29,000 25,000 7,000 Purchase of treasury stock Net income= Sales revenue - Cost of goods sold - Other operating expenses- Depreciation expense = 229,000-118,000-33,000-7,000 = $71,000 Epic Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2018 Cash flow from Operating Activities Net income 71,000 Add: Adjustments to reconcile net income to net cash provided by operating activities Depreciation 7,000 Increase in current assets other than cash -29,000 Increase in current liabilities other than cash 11,000 -11,000 Net cash provided by Operating Activities 60,000