o Data Table - X The comparative balance sheets of Medi (Click the icon to view the balances Medford's transactions during the year of (Click the icon to view the transactio Read the requirements November 30, 2018 2017 S ising the indirect method to report Requirement 1. Prepare Medford Movie cash flows from operating activities. Rep Start by completing the cash flows from Investing and financing activities. (Use 17.500 5 14,000 63,800 3,300 17 000 21,400 60.500 Current assets: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses Current liabilities: Accounts payable Accrued liabilities Income tax payable bmpanying schedule of noncash h) 1700 Media Statement Year Cash flows from operating activities $ 57 300 5 27.100 9.100 56,200 17,100 10.100 Choose from any list or enter any num Print Done * More Info - X The comparative balance sheet (Click the icon to view the Medford's transactions during (Click the icon to view the Read the requirements ndirect method to report Requirement 1. Prepare Medt cash flows from operating activ Start by completing the cash investing and financing activiti Acquisition of land by issuing note payable Amortization expense Payment of cash dividend Cash purchase of equipment Issuance of long-term note payable to borrow cash schedule of noncash Proceeds from sale of long- $ 115,000 term investment 8000 Depreciation expense 26,000 Cash purchase of building Net Income 62.200 Issuance of common stock for canh 44,000 Stock dividend $ 13,600 15,500 70,000 50.000 15,000 15,000 Cash flows from operating Print Done Choose from any listor enter The comparative balance sheets of Medford Movie Theater Company at November 30, 2018 and 2017 reported the following Click the icon to view the balance shoots.) Medford's transactions during the year ended November 30, 2018 included. Click the icon to view the transaction data) Read the requirements Requirement 1. Prepare Medford Movie Theater Company's statement of cash flows for the year ended November 30, 2018, using the indirect method to report cash flows from operating activities. Report noncash investing and financing activities in an accompanying schedule, Start by completing the cash flows from operating activities Then complete the remaining statement of cash flows and the accompanying schedule of nonch Investing and financing activities (Une parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash) Medford Movie Theater Company Statoment of Cash Flows (lodirect Method) Year Ended November 30, 2018 Cash flows from operating activities: Choose from any list or enter any number in the input fields and then continue to the next question The comparative balance sheets of Medford Movie Theater Company at November 30, 2018 and 2017, reported the following (Click the icon to view the balance sheets) Medford's transactions during the year ended November 30, 2018, included: (Click the icon to view the transaction data) Read the requirements Medford Movie Theater Company Statement of Cash Flows (Indirect Method) Year Ended November 30, 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 comparative balance sheets of Medford Movie Theater Company at November 30, 2018 and 2017 reported the following Click the icon to view the balance sheets) Medford's transactions during the year ended November 30, 2018, included (Click the icon to view the transaction data) Read the requirements Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by used for) operating activities Choose from any ust or enter any number in the input fields and then continue to the next question The comparative balance sheets of Medford Movie Theater Company at November 30, 2018 and 2017, reported the following Click the icon to view the balance sheets.) Medford's transactions during the year ended November 30, 2018, included Click the icon to view the transaction data) Read the requirements 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: Choose from any list or enter any number in the input fields and then continue to the next question. The comparative balance sheets of Medford Movie Theater Company at November 30, 2018 and 2017, reported the following Click the icon to view the balance sheets.) Medford's transactions during the year ended November 30, 2018 Included: Click the icon to view the transaction data) Read the requirements Cash flows from financing activities: Net cash provided by used for financing activities Net increase (decrease) in cash Noncash investing and financing activities Choose from any list or enter any number in the input fields and then continue to the next question Read the requirements Requirement 2. Evaluate Medfords cash flows for the year Mention all three categorien of cash flows and give the rationale for your evaluation Medford Movie Theater Company's cash flows look are the main source of cash Medford Movie Theater generated a cash flow from investing activities largely don to the of equipment and a building It generally baden for the future when a company invests in new capital assets Medford Movie Theator gonerated a cash flow from financing activities. These financing activities indicate that the Medford Movie Theater credit worthy to be able to issue long-term notes We also so that the company has funds to pay cash dividends Choose from any stor enter any number in the input Delds and then continue to the next