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help with requirements 1-3 please Requirements 1. Prepare the statement of cash flows of Dumont Educational Supply for the year ended December 31, 2018. Use
help with requirements 1-3 please
Requirements 1. Prepare the statement of cash flows of Dumont Educational Supply for the year ended December 31, 2018. Use the indirect method to report cash flows from operating activities. 2. Evaluate Dumont's cash flows for the year. Mention all three categories of cash flows, and give the reason for your evaluation. 3. If Dumont plans similar activity for 2019, what is its expected free cash flow? Print Done * Data Table $ $ Payment of cash dividends Purchase of equipment with cash Issuance of long-term notes payable to borrow cash Issuance of common stock for cash 14,200 55,200 49,000 109,000 Depreciation expense Purchase of building with cash Net income 17,300 100,000 61,600 Print [Done] Print r) Operati Data Table 2018 2017 Current Assets: Cash $ 95,700 $ Accounts Receivable 14,800 63,400 22,500 21,600 60,000 Merchandise Inventory Current Liabilities: Accounts Payable Accrued Liabilities 29,100 10,100 26,100 10,800 Print Done Step by Step Solution
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