please help with statment of cash flows 12/31/2017

File Home Insert Page Layout Formulas Data Revie % Cut e Copy Calibri inter BI U - Paste 11 AA === - - A. Clipboard Font Alig S11 X fr C D E F G H The Blue Rascal Corporation Income Statement 12/31/2017 2017 $ 492,000 9. Operating Expenses (excluding Depreciation) 269,000 Depreciation Expense 21,000 290,000 Income from Operations No No EMSHINE NHNIS 202,000 Income Tax Expense 68,000 Net Income 134,000 Other information: 221. In 2017, The Blue Rascal Corporation paid a cash dividend of $18,000 2. The corporation obtained $150,000 cash through the issuance of long term bonds. 3. Land, building and equipment were acquired for cash. Alignment Font Clipboard L G C M D E H I J N F The Blue Rascal Corporation Balance Sheet December 31, 2016 and 2017 Increase Decrease 2016 2017 49,000 36,000 9 - 1 Cash Accounts Receivable Prepaid Expenses 37,000 26,000 6,000 (12,000) (10,000) 6,000 43 Land Building Accumulated Depreciation - Building 70,000 200,000 (11,000) 70,000 200,000 (11,000) 45 4 4 Equipment Accumulated Depreciation - Equipment 68,000 (10,000) 68,000 (10,000) Total Assets 386,000 301,000 Liabilities and Stockholder's Equity Accounts Payable Bonds Payable 5,000 40,000 150,000 35,000 150,000 59 Common Stock Retained Earnings 60,000 20,000 60,000 136,000 116,000 6 Total Liabilities and Stockholder's Equity 85,000 386,000 301,000 Sheet1 Sheet2 Sheet3 Select destination and press ENTER or choose Paste E ORI 9 puw x] 02 Lenovo Paste BI U - - - A = = = Format Painter Clipboard Font S11 G H J K L TERRE C D E F The Blue Rascal Corporation Statement of Cash Flows 12/31/2017 76 Cash Flows from Operating Activities: 77 78 Net Income 80 Adjustments to reconcile net income to net cash provided by operating activities. Net Cash Flows from Operating Activities Cash Flows from Investing Activities: Cash Flows from Financing Activities Necrease mecrease in Cash Ca1017 Cash12317 Sheet1 Sheet2 Sheet3 Hea destination and press ENTER or choose Paste