please answer the question and i will give you a thumbs up
Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions The comparative balance sheet of Yellow Dog Enterprises Inc at December 31, 2018 and 2077, is as follows: Dec 31, 2018 Dec 31, 2017 2 Assets Cash $95,000.00 $110,000.00 Accounts receivable (net) 260,000.00 280,000.00 5 Inventories 520,000.00 450,000.00 15.000.00 Prepaid expenses Equipment 5,000.00 1,130,000.00 800,000.00 DO Instructions 7 Equipment 1.130,000.00 800,000.00 Accumulated depreciation equipment (235,000.00) (190,000.00) Total assets $1,785,000.00 $1,455,000.00 10 Labilities and Stockholders' Equity $100,000.00 $75,000.00 0.00 500,000.00 500,000.00 11 Accounts payable (merchandise creditors) 12 Mortgage note payable 13 Common stod. $10 par 14 Paid in capital in excess of par--common stock Retaniedeaming 200,000.00 400,000.00 100,000.00 785,000.00 580,000.00 Total liabilities and stockholders equity 51.785,000.00 $1.455.000.00 Instructions Additional data obtained from the income statement and from an ecamination of the accounts in the edger for 2078 are as follows a et income, 5250 000 b. Deprecan reported on the income statement, $135.000 c. Egoment was purchased at a cost of $420,000 and tydepreciated equipment costing $90,000 was decorded, with no savage feated The momente payable was not be for years, but the terms permitted earlier payment without penalty 30 000 shares of common stock were issued 20 for cash Cash avonds declared and paid $45.000 abels and Amount Descriptions Labels and Amount Descriptions Cash paid for dividends Cash paid for equipment Cash paid for merchandise Cash paid for purchase of land Cash paid to retire mortgage note payable Cash received from customers Cash received from sale of common stock December 31, 2018 Decrease in inventories Decrease in accounts payable Instructions Ad Labels and Amount Descriptions Decrease in accounts receivable Decrease in prepaid expenses Depreciation For the Year Ended December 31, 2048 Gain on disposal of equipment Gain on sale of investments Increase in accounts payable Increase in accounts receivable Increase in inventories Pre Increase in prepaid expenses an Loss on disposal of equipment Loss on sale of investments ad Labels and Amount Descriptions LUSS UN SAIC UITVE SUCHES Net cash flow from financing activities Net cash flow from investing activities Net cash flow from operating activities Net cash flow used for financing activities Net cash flow used for investing activities Net cash flow used for operating activities Net decrease in cash Net income Net increase in cash Pri Net loss an Prepare a staterert of cash flows, using the indirect method of gresenting cash fans.com.cnxat no activities Refer to the Labels as Amourt Descriptions not prov ansaer choices for text entries Be sure to complete the heading of the statement. Use the minus sinto indicate cash outlows, cash payments, decreases in cash, Yellow Dog Enterposes ind Statement of Cash Flows Label) 1 Chomured for courting activities moments to reconditionat cachflow from operating sites Instructions Labels and Amount Descriptions Statement of Cash Flows accounts in the leder for are as follows Changes in current operating assets and liabilities 2 2
