Homework: Chapter 14 Homework Score: 0 of 3 pts 1 of 2 (1 complete) X P14-33A (book/static) Accountants for Morganson, Inc. have assembled the following data for the year ended December 31, 2018: E (Click the icon to view the current accounts.) : (Click the icon to view the transaction data) Prepare Morganson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. $ Depreciation Expense Gain on Sale of Building Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Income Tax Payable 24.000 (4.500) 5,600 (8,000) 2,400 (2.000) 17,500 Net Cash Provided by (Used for) Operating Activities 86,000 Choose from any list or enter any number in the input fields and then click Check Answer. 0 Data Table 2018 2017 Current Assets: Cash $ Accounts Receivable 99,400 $ 64,100 83,000 25,000 69,700 75,000 Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 57,600 14,800 55,200 16,800 Print Print Done X i Data Table $ 46,100 50.000 Transaction Data for 2018: Issuance of common stock for cash Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold $ 38,000 24,000 74.000 119,000 54,000 Payment of notes payable Payment of cash dividends Issuance of notes payable to borrow cash Gain on sale of building Net income 62,000 68,500 Print Done