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Maria Prendergast Company expects the following for 2024: . Net cash provided by operating activities of $152,000. Net cash provided by financing activities of $63,000.

Maria Prendergast Company expects the following for 2024: . Net cash provided by operating activities of $152,000. Net cash provided by financing activities of $63,000. Net cash used for investing activities of $79,000 (no sales of long-term assets). Cash dividends paid to stockholders of $12,000. How much free cash flow does Prendergast expect for 2024? ... Select the labels and enter the amounts to calculate the expected free cash flow for 2024. (Abbreviations used: Cash pmts for planned invest. = Cash payments for planned investments; NCOA = Net cash provided by operating activities; NCFA = Net cash provided by financing activities.) = Free cash flow = The records of True Color Engraving reveal the following: (Click the icon to view the records.) Compute cash flows from operating activities by the indirect method for year ended December 31, 2024. (Use a minus sign or parentheses for amounts that result in a decrease in cash and to show net cash used for operating activities. If a box is not used in the table, leave the box empty; do not select a label or enter a zero.) True Color Engraving Statement of Cash Flows (Partial) Year Ended December 31, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities Data table Net income 40,000 Depreciation expense 9,000 Sales revenue 54,000 Decrease in current liabilities 20,000 Loss on sale of land 8,000 Increase in current assets other than cash 9,000 Acquisition of land 42,000 The income statement and additional data of Daily Plus, Inc. follows: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Daily Plus's statement of cash flows for the year ended September 30, 2024, using the indirect method. Include a separate section for non-cash investing and financing activities. 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.) Daily Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities More info a. Acquisition of plant assets is $116,000. Of this amount, $101,000 is paid in cash and $15,000 by signing a note payable. b. Cash receipt from sale of land totals $29,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $28,000. d. e. f. Payment of note payable is $14,000. Payment of dividends is $8,000. From the balance sheet: Cash Accounts Receivable Merchandise Inventory Land September 30 2024 2023 $ 38,000 $ 9,490 43,000 57,000 97,000 92,000 58,000 87,000 Plant Assets 186,000 70,000 Accumulated Depreciation (45,000) (20,000) Accounts Payable 35,000 17,000 Accrued Liabilities 13,000 25,000 Notes Payable (long-term) 15,000 14,000 Common Stock, no par 38,000 10,000 Retained Earnings 276,000 229,490 Data table Daily Plus, Inc. Income Statement Year Ended September 30, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit $ 238,000 89,000 149,000 Operating Expenses: Salaries Expense $ 55,000 25,000 Depreciation Expense-Plant Assets 80,000 Total Operating Expenses Net Income Before Income Taxes 69,000 14,490 Income Tax Expense $ 54,510 Net Income

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