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Help me please. Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the
Help me please.
Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Carlson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. 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.) Carlson, 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: Data Table 2018 2017 Current Assets: Cash $ 114,500 $ 26,000 Accounts Receivable 64,200 68,900 85,000 79,000 Merchandise Inventory Current Liabilities: 58,000 55,800 Accounts Payable Income Tax Payable 14,500 16,300 -Step by Step Solution
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