Income statement and additional data of of Newman Travel Products Inc follow:

Requirement one. Prepare Newman's statement of cash flow's for the year ended December 31, 2018 using indirect method.

Start by completing the cash flows from operating activities. Then complete each section of the statement of cash flow 's, including the non-cash investing in financing activities.

Requirement two. evaluate Newman's cash flow's for the year. In your evaluation, mention all three categories of cash flow's and give the rationale for your evaluation.

Newman's cash flows look _____. _______ are the main source of cash. The company invested in new assets ___________________. The financing transactions included ____________________. all of the signs are _______.

Thank you in advance!

Data Table ducts, Inc. ick the ico Year Ended December 31, 2018 ed Decem luation, me Revenues Service revenue $ 235,000 the year en 8,200 $ 243,200 en complete ind financing activ 104.000 Dividend revenue Expenses Cost of goods sold Salary expense Depreciation expense Advertising expense Interest expense 57 000 nc. Method) 2018 27 000 3.000 2.300 8.000 Income tax expense 201 300 $ 41.900 Net income and then a Print Done More Info el Products (Click th ended Dec revaluation Additional data: a. Acquisition of plant assets was $136,000. Of this amount, $80,000 was paid in cash and $56,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $79,000. c. Proceeds from the issuance of common stock totaled $33,000. d. Payment of a long-term note payable was $13,000 e. Payment of dividends was $18,000. f. From the balance sheets: for the ye Then com hancing activities ts, Inc. lirect Meth 31, 2018 December 31, 2018 2017 Current assets: Cash $ $ 137 400 Accounts receivable Inventory 165.000 40,000 96,000 53.000 87.000 delds and til Print Done i More Info - X ducts lick th e Paymem UT DIVIDETIOS Was DIO,VOU. f. From the balance sheets: ed Ded uation December 31, 2018 2017 he ye Current assets: com $ $ 137,400 hancing activities C. Cash Accounts receivable Inventory Prepaid expenses 165,000 40,000 96,000 9,300 53.000 87 000 8,000 Meth 18 Current liabilities: Accounts payable Accrued liabilities $ $ 17,000 33,000 21,000 82 000 ind til Print Done The income statement and additional data of Newman Travel Products, Inc., follow. E: (Click the icon to view the income statement.) Click the icon to view the additional data) Requirements 1. Prepare Newman's statement of cash flows for the year ended December 31, 2018, using the indirect method 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the Newman Travel Products, Inc. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Choose from any list or enter any number in the input fields and then continue to the next question The income statement and additional data of Newman Travel Products, Inc., follow. (Click the icon to view the income statement.) Click the icon to view the additional data) Requirements 1. Prepare Newman's statement of cash flows for the year ended December 31, 2018, using the indirect method 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give th Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by used for operating activities Cash flows from investing activities: Choose from any list or enter any number in the input fields and then continue to the next question The income statement and additional data of Newman Travel Products, Inc., follow B!! (Click the icon to view the income statement.) (Click the icon to view the additional data.) Requirements 1. Prepare Newman's statement of cash flows for the year ended December 31, 2018, using the indirect method 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give 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 (decrease) in cash Choose from any list or enter any number in the input fields and then continue to the next question O The income statement and additional data of Newman Travel Products, Inc., follow (Click the icon to view the income statement.) Click the icon to view the additional data.) Requirements 1. Prepare Newman's statement of cash flows for the year ended December 31, 2018, using the indirect method. 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give thera Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash balance, December 31, 2017 Cash balance, December 31, 2018 Noncash investing and financing activities: Requirement 2. Evaluate Newman's cash flows for the year. In your evaluation, mention all three categories of cash flows and giv Newman's cash flows look are the main source of cash. The company invested in new assets All of these signs are Choose from any list or enter any number in the input fields and then continue to the next question The income statement and aditional data of Newman Travel Products, infolow Click the.com to vw the incomment Click the contowe donde Requirements 1 Peperowan's sont of cash flows for the year ended December 21, 2018 ting the indirect method 2. Evaluate the company's cash flows for them. In your evention mention the categories of cash flows and give the monks to your Net cash pridely used to financing Not increase (decrease in cash Cautare December 2011 Cash December 31, 2016 Noncash investing and financing activities Requirement 2. Evakute mais cash flow for the year in your action to all categones o con mand ove the rationale for your valtion Nowman's cash low book w the main souce of cash. The company to new assets All of the The facing action included Choosin mor number the input fide and the continue to the 7 O 1:16