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Kyler Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) Click the icon to

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Kyler Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) Click the icon to view the balance sheet.) During the year Kyler issued a $4,900 note payable. Kyler acquired equipment worth $23,000, and made payments on the long-term notes payable in the amount of $7,900 during the year. Assume the company paid cash for the acquisition of plant assets. Prepare Kyler Media's statement of cash flows-indirect methodfor the year ended December 31, 2024. Data Table Kyler Media Corporation Comparative Balance Sheet December 31, 2024 and 2023 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 bo Kyler Media Corporation Statement of Cash Flows Year Ended December 31, 2024 Data Table Cash Flows from Operating Activities: Net Income $ 21,000 Kyler Media Corporation Adjustments to Reconcile Net Income to Income Statement Net Cash Provided by Operating Activities: Year Ended December 31, 2024 2024 Assets 2023 Current Assets Cash $ 5,400 $ 3,800 $ 83,000 Sales Revenue Depreciation ExpensePlant Assets Other Expenses Accounts Receivable 8,600 7.100 Long-term Assets Plants Assets 109,350 86,350 (32,350) (22,350) Accumulated DepreciationPlant Assets $ 91,000 $ 74,900 Total Assets 10,000 52,000 $ 21,000 Net Income Net Cash Provided by (Used for) Operating Activities Liabilities Current Liabilities: Print Done $ 7.000 $ 4,000 Accounts Payable Long-term Liabilities 7,000 10,000 Notes Payable Total Liabilities 14,000 14,000 Stockholders' Equity Common Stock, no par 25,000 52,000 21,000 39,900 Retained Earnings Total Stockholders' Equity 77,000 60,900 $ 91,000 $ 74,900 Total Liabilities and Stockholders' Equity Help Me Solve This e Text Pages Get More Help Media

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