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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.) 6 (Click the icon
Kyler Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) 6 (Click the icon to view the balance sheet.) During the year Kyler issued a 54.900 note payable. Kyler acquired equipment worth $25,000, 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. 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.) Kyler Media Corporation - X Statement of Cash Flows Data Table Data Table Year Ended December 31, 2024 Cash Flows from Operating Activities: Kyler Media Corporation Kyler Media Corporation Net Income Income Statement Comparative Balance Sheet Adjustments to Reconcile Net Income to Year Ended December 31, 2024 December 31, 2024 and 2023 Net Cash Provided by Operating Activities: 2024 $ Sales Revenue 2023 77,000 Assets Depreciation Expense-Plant Assets 18,000 Current Assets Other Expenses 48,500 Cash S 5,400 $ 3,800 Net Income $ 10,500 Accounts Receivable 8,100 4,100 Long-term Assets Net Cash Provided by (Used for) Operating Activities Plants Assets 107,350 82,350 (32,350 (14,350) Print Done Accumulated Depreciation Plant Assets S 88,500 $ 75,900 Total Assets Print Liabilities S 6,500 $ 4,000 13,000 16,000 19,500 20,000 Current Liabilities Accounts Payable Long-term Liabilities: Notes Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Eamings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 18,000 51,000 14,000 41,900 Choose from any list or enter any number in the input fields and then click Check Answer. 89,000 55.900 Help Me Solve This eText Pages Get More Help $ 88,500 $ 75,900
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