ok i hope you can now read these and helpi just don't get it. can someone please help me and break it all down

The 2018 income statement and comparative balance sheet of McKnight, Inc. follow: Data Table 1. Prepare the 2018 statement of cash flows, formatting operating activities by the indirect method. ect method 2. How will what you learned in this problem help you evaluate an investment? December 31, 2018 and 2017 2018 2017 Print Done Assets Current Assets: Data Table Cash Accounts Receivable Merchandise Inventory $ 26,400 $15,200 25,700 91,000 26,300 McKnight, Inc Income Statement Year Ended December 31, 2018 79,600 Long-term Assets: 34,400 Land Plant Assets Accumulated Depreciation-Plant Assets 11,000 111,940 (18,520) 16240) $ 271,600 $238,600 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: S 444,000 205,200 238,800 123,420 Total Assets Liabilities Salaries Expense Depreciation Expense-Plant Assets Other Operating Expenses Total Operating Expenses $ 78,400 14,900 10,500 Current Liabilities Accounts Payable Accrued Liabilities $ 35,800 $30,000 30,800 28,300 103,800 Long-term Liabilities 74,000 105,000 135,000 Operating Income Other Income and (Expenses) Notes Payable Total Liabilities 138,100 165,800 Interest Revenue Interest Expense Total Other Income and (Expenses) 8,300 (22,000) Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 65,000 7,800 72,800 $ 271,600 $ 238,600 88,800 44,700 133,500 Net Income Before Income Taxes Income Tax Expense Net Income (13,700) 121,300 19,700 S 101,600 5 Print Done The 2018 income statement and comparative balance sheet of McKnight, Inc. follow: EEB (Click the icon to view the income statement.) EEB (Click the icon to view the comparative balance sheet.) Requirement 1. Prepare the 2018 statement of cash flows, formatting operating activities by the indirect method. Complete the statement one section at a time, beginning with the cash flows from operating activities McKnight, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities $ 101,600 Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities Depreciation Expense-Plant Assets Increase in Accounts Receivable Decrease in Merchandise Inventory 14,900 (600) 11.400 5,800 (2,500) rease in Accounts Payable Decrease in Accrued Liabilities 29,000 130,600 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities Cash Payment for Acquisition of Plant Assets Acquisition of Land by Issuing Long-term Notes Payable Net Cash Provided by (Used for) Investing Activities Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Homework: Chapter 14 Homework Score: 1.2 of 3 pts Question 1 , P14-41 B (similar to) The 2018 incme statemant and ccmparative balancc shect of McKnight, Inc. folow Save HW Score: 13.33%, 1.2 of 9 pts EEE (Ciuk the ivon to view the inome slalement December 31, 2018 and 1. Preparc the 2018 stancment of cah o, formatting oparating acthitics by 2. How wil what you lsamad in this problam halp you ewaluata an ineatmant Requirement 1. Prepare the 2018 atementocah flows, formating operating ctivies by the indirect method. (Use parenthescs or a Prn Done Cach Accounts RAcvab Merchandie nry 3 26400 $ 15,200 5 TDD 91,000 McKnight, Inc 79600 Year Ended December 31, 2018 Data Table Long tarm Asscts Lend Plant Aszcts Nccumulated Depredation Plant Msst 34 400 23 420 111,940 (18,620 16,240 5 271,600 238,600 11,000 101600 Nel Incue A ustments to Reconcle Net Income to Nat Cash Income Statement Yoar Lnded December 31, 2010 Total Aects Depreciation Expense-Plant Assts S 14,900 600] 11,400 ,000 2,500) n Accounts Recahabla S 414,00O Lisbiliriek Current Lizbilitics: Cost of Goods Suld Gross Prof Accounts Payabla Acurued Listilties 5 35 810 28.300 DD 30,800 Increasc in Accounts Payable 238,820 Salaries Expense Long torm Labies 5 78,400 14,900 10,500 74000 106,000 29000 3D 60 Notes Payablc Total Labis 138,100 165,800 Nat Cash Proviced hy qaad tor) Operating Artvtiea Cash Flows from Ivesting Acivities Uthar Oporaing Expanse lotal Oparating Expansas 103,820 Stockholders Equity Cammon Stock, no pa Ratainad Farnings Total Stackholdara Fquity 135,000 ODD Othcr Income and Expenscs): UDD B.300 Net cash Provicad hy laad o) Investing ActviAs Net Income Before Income Taxes Income Tax Expense Net Income 121,300 1D.7C0 S 101,60o Choose from any list or enter any number in the inpur fields and then cllck Check