hello,

I'm struggled with this and don't understand how do this. I'm hoping you can be able to explain to me this. I appreciated with your help.

The statement one section at a time, beginning with the cash flows from operating activities.

Thank you,

Michelle

flows from operating a Complele the statement one section at a time, beginning with the cash Trainer Exercise Equipment, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities Trainer Exercise Equipment, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Cash Payment for Acquisition of Plant Assets Cash Payment for Investments Cash Payment of Dividends Cash Payment of Notes Payable Cash Receipt from Issuance of Common Stock Decrease in Merchandise Inventory Decrease in Salaries Payable Depreciation Expense Gain on Disposal of Plant Assets Increase in Accounts Payable Increase in Accounts Receivable Trainer Exercise Equipment Inc. Comparative Balance Sheet December 31, 2018 and 2017 2017 2018 Assets Current Assets 3 21,00D 17,000 Cash 52,000 55,000 Accounts Receivable 95,000 Merchandse Inventory Long-term Assets: 82,000 221,600 289,500 Plant Assets (42,500)(36,800) 77,000 Accumulated Depreciation- Plant Assets 91,000 S 476,000 426,000 Total Assets Liabilities Current Liabilities Accounts Payable S 76,000 75,000 Salaries Payable 3,500 4,500 Long-term Liabilities: Notes Payable 62,000 66.000 Total Liabilities 141,500 145.500 Stockholders' Equity Common Stock, no par 48,00032000 Retained Eamings 288,500 248.500 Total Stockholders' Equity 334,500280,500 are Total Liablites and Stockholders' Equity- S 476,000 426,000 Trainer Exercise Equipment, Inc. Income Statement Year Ended December 31, 2018 $ 709,000 Net Sales Revenue 345,000 Cost of Goods Sold 364,000 Gross Profit Operating Expenses Depreciation Expense S 48,000 185,000 Other Operating Expenses Total Operating Expenses 233,000 S 131,000 Net Income es. i More Info 1. Trainer calculated the following amounts for 2018: . Acquisition value of plant assets, 590,000. - Payment of dividends, $91,000 . Payment of long-term notes payable. $4.000. - Cash receipt from issuance of common stock, S14.000. Trainer Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $42,100. No cash was received upon disposal. Print Done