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Homework: Chapter 13 Score: 0 of 1 pt 13 of 16 (8 complete) HW Sc E13-15A (book/static) Ericson Corporation has the following activities for the

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Homework: Chapter 13 Score: 0 of 1 pt 13 of 16 (8 complete) HW Sc E13-15A (book/static) Ericson Corporation has the following activities for the past year: (Click the icon to view the data) Requirement Prepare the operating activities section of Ericson Corporation's statement of cash flows for the year ended December 31, using the indirect method for operating cash flows. (Use parentheses or a minus sign subtracted.) Data Table Ericson Corporation Statement of Cash Flows-Operating Activities Section (Indirect Method) For the Year Ended December 31 Operating Activities $ 49,000 $ 14,000 $ 20,000 Adjustments to reconcile net income to cash basis Net income $? Cost of goods sold Payment of dividends $ 6,000 Other operating expenses Proceeds from issuance of stock $ 73,000 Depreciation expense. Purchase of treasury stock $ 13,000 Purchase of equipment with cash Sales revenue $ 124,000 Proceeds from sale of land Payment of long-term note payable $ 13,000 Increase in current assets Decrease in current liabilities $ 9,000 other than a $ 26,000 $ 19,000 Net cash provided by used for operating activities $ 6.000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Cher

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