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Homework: Homework 14 Save 3 of 6 (0 complete) HW Score: 0%, 0 of 6 pts Score: 0 of 1 pt S14-6 (similar to) Question
Homework: Homework 14 Save 3 of 6 (0 complete) HW Score: 0%, 0 of 6 pts Score: 0 of 1 pt S14-6 (similar to) Question Help Two Way Cellular accountants have assembled the following data for the year ended June 30, 2018: Click the icon to view the data.) Prepare Two Way Cellular's statement of cash flows using the indirect method for the year ended June 30, 2018. Assume beginning and ending Cash are $43,000 and $111,100, respectively. 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.) i Data Table Two Way Cellular Statement of Cash Flows Year Ended June 30, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: $ $ Cash receipt from sale of land Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock 32,000 5,000 5,900 28,000 Net income Cash purchase of equipment Decrease in current liabilities Increase in current assets other than cash 64,000 36,000 6,000 13,000 Print Done Net Cash Provided by (Used for) Operating Activities Choose from any list or enter any number in the input fields and then click Check
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