please be sure it's correct

The income statement and additional data of Wonderful World, Inc., folow Click the loon to view the income statement) (Click the icon to view the additional data) Read the requirements Requirement 1. Prepare Wonderful World's statement of cash flows and accompanying schedule of noncash investing and financing activities Report operating activities using the direct method. Start by completing the cash flows from operating activities. Then complete the rest of the statement of cash flows and accompanying schedule of noncash investing and financing activities. (Usa parenthe numbers to be subtracted and for a net decrease in cash.) Wonderful World, Inc. Statement of Cash Flows (Direct Method) Year Ended April 30, 2018 Cash flows from operating activities: Receipts: Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Chec imilar Data Table ment and n to view ments. Prepare V Wonderful World, Inc. Income Statement Year Ended April 30, 2018 Revenues: Sales revenue $ 267,000 iny ing the cas ubtracted How: 12,000 $ 279,000 rom operat 96,000 Dividend revenue Expenses: Cost of goods sold Salary expense Depreciation expense Advertising expense Interest expense 41,000 26,000 12,500 2,500 11.000 189.000 ny list or er Print Done Clea Questio More Info ve WS Ja minus Additional data: a. Collections from customers are $18,000 less than sales. b. Payments to suppliers are $1,600 more than the sum of cost of goods sold plus advertising expense. c. Payments to employees are $1,800 more than salary expense. d. Dividend revenue, interest expense, and income tax expense equal their cash amounts. e. Acquisition of plant assets is $184,000. Of this amount, $143,000 is paid in cash and $41,000 is financed by signing a long-term note payable. f. Proceeds from the sale of land totaled $27,000. g. Proceeds from the issuance of common stock totaled $43,000. h. Payment of a long-term note payable is $13,000. i. Payment of dividends is $9,000. j. Cash balance, April 30, 2017, was $40,000. Print Done Clear All Check Answer f cash flows i Requirements - X Activities using the direct ng and financing activitie ies. Then co 7.) Inc. Direct Meth 30, 2018 1. Prepare Wonderful World's statement of cash flows and accompanying schedule of noncash investing and financing activities. Report operating activities using the direct method. 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the rationale for your evaluation Print Done aput fields and then click Check Answer. The income statement and additional data of Wonderful World, Inc., follow Blick the icon to view the additional data.) ows and accompanying schedule of noncash investing and financing activities. Report operating activities complete the rest of the statement of cash flows and accompanying schedule of noncash investing and RE Acquisition of plant assets Collections from customers RE Collection of dividend revenue St For income tax nu For interest Payment of dividends Payment of long-term note payable Proceeds from issuance of common stock Proceeds from sale of land To employees To suppliers othod) Total cash receipts Choose from any list or enter any number in the input fields and then click Check Answer 4 parts remaining Clear All vailable BA211 Financial Accounting Summer 2020 (400.1) Homework: HW #9 Ch. 11 Score: 0 of 2 pts 6 of ic, follow: lick the icon to view the additional data.) E1 Acquisition of plant assets Th Collections from customers Collection of dividend revenue For income tax RE For interest Payment of dividends Payment of long-term note payable Proceeds from Issuance of common stock Proceeds from sale of land To employees To suppliers Total cash payments Net cash provided by (used for) operating activities Choose from any list or enter any number in the input fields and then click Check Answer. 4 parts remaining Clear Previous