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i Data Table for 20 Transaction data for 2018 Cash paid for purchase of equipment ar ende ease in 150,000 Cash payment of dividends 13,000

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i Data Table for 20 Transaction data for 2018 Cash paid for purchase of equipment ar ende ease in 150,000 Cash payment of dividends 13,000 ec Issuance of common stock to retire bonds payable 10,000 Issuance of bonds payable to borrow cash 43,000 pa Cash receipt from issuance of common stock 25,000 Cash receipt from sale of equipment 66,000 (Cost, $88,000; Accumulated Depreciation, $13,000) Cash paid for purchase of treasury stock 6,000 Clampett Corporation Income Statement direct ect a la Year Ended December 31, 2018 Net Sales Revenue 691,000 530,000 Cost of Goods Sold Gross Profit 161,000 Operating Expenses: Salaries and Wages Expense 47.000 Depreciation Expense-Plant Assets 12,000 4,000 Rent Expense Depreciation Expense-Plant Assets TZ,000 4,000 Rent Expense ows direct method. ect a label or ente Total Operating Expenses 63,000 nse Operating Income 98,000 Other Income and (Expenses): h (9,000) Loss on Disposal of Plant Assets Total Other Income and (Expenses) (9,000) Net Income Before Income Taxes 89,000 21,000 Income Tax Expense 68,000 Net Income Clampett Corporation the ind Comparative Balance Sheet not selec December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Assets Current Assets: 60,000 Cash 72,000 $ 12,000 $ Accounts Receivable 24,000 28,000 (4,000) Merchandise Inventory 44,000 35,000 9,000 nsactio Long-term Assets: Plant Assets 153,700 91,700 62,000 y the ind not selec (22,200) (21,200) 1,000 Accumulated Depreciation-Plant Assets 272,500 $ 144,500 $ 128,000 Total Assets Liabilities Current Liabilities: Accounts Payable 27,000$ 41,000 $ 14,000 Accrued Liabilities 5,000 8,000 (3,000) Income Tax Payable 15,000 15,000 0 r e Print Done Long-term Liabilities: 91,000 Bonds Payable 58,000 33,000 the indirect met hot select a label 152,000 Total Liabilities 44,000 108,000 Stockholders' Equity Common Stock, no par 62,000 35,000 27,000 Retained Earnings 66,500 11,500 55,000 (67000) (8,000) (2,000) Treasury Stock 120,500 36,500 84,000 Total Stockholders' Equity 272,500 S 144,500 S 128,000 Total Liabilities and Stockholders' Equity The Clampett Corporation reported the following income statement for 2018 and comparative balance sheet for 2018 and 2017, along with transaction data for 2018: ERClick the icon to view the comparative balance sheet.) (Click the icon to view the additional data.) E(Click the icon to view the income statement.) Prepare Clampett Corporation's statement of cash flows for the year ended December 31, 2018. Format cash flows from operating activities by the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used io the statement, leave the box empty; do not select a label or enter a zero.) Clampett Corporation Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities 68000 Net Income Adjustments to Reconcile Net Income to Net Cash Provided (Used for) by Operating Activities: Choose from any list or enter any number in the input fields and then continue to the next question. Adjustments to Reconcle Net Income to Net Cash Provided (Used for) by Operating Activities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities Net Cash Provided by (Used for) Financing Activities Net increase (Deorease) in Cash Cash Balance December 31, 2017 Cash Balance, December 31, 2018 Non-cash Investing and Financing Actvibes Cash Flows from Financing Activities Net Cash Provided by (Used for) Financing Activites Net Increase (Deorease) in Cash Cash Balarce, December 31, 2017 Cash Balance, December 31, 201s Non-cash Investing and Financing Activites Total Non-cash Investing and Fieancing Activities Choose from any ist or enter any number in the input felds and then continue to the next

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