Points: 0 of 5 Save Kyler Media Corporation had the following income statement and balance sheet for 2024 (Click the icon to view the income statement, click the icon to view the balance sheet) During the year Kyler issued a $4,600 note payable. Kyler acquired equipment worth $22,000, and made payments on the long-term notes payable in the amount of $8,600 during the year. Assume the company paid cash for the acquisition of plant assets Prepare Kyler Media's statement of cash Hows-Indirect method for the year anded December 31, 2024 Complete the statement one section at a time, beginning with the cash flows from operating actibes (Une a minus nign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty, do not select a label or enter a zoro) Kyler Media Corporation Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities Not Income Adjustments to Reconcile Not Income to Net Cash Provided by Operating Activities: Net Cash Provided by (Used for) Operating Activities Clear all Check answer oln Question 5, SF14-8 (simi... Part 1 of 4 > HW Score: 20%, a O Points: 0 of 5 statement and balance sheet for 2024: E (Click the icon to view the balance sheet.) le. Kvler acquired equipment worth $22.000. and made payments ont Data table Kyler Media Corporation Income Statement Year Ended December 31, 2024 Sales Revenue $ 84,000 Depreciation Expense Plant Assets 7,000 51,000 Other Expenses Net Income $ 26,000 Print Done Data table Kyler Media Corporation Comparative Balance Sheet December 31, 2024 and 2023 Assets 2024 2023 Current Assets: Cash $ 5,400 $ 3,600 Accounts Receivable 8,100 7,100 Long-term Assets: Plants Assets 103,350 81,350 (24,350) (17,350) Accumulated Depreciation-Plant Assets Total Assets $ 92,500 $ 74,700 Liabilities Current Liabilities: CCO Print Done TQQIQOS Pram Data table Accumulated Depreciation-Plant Assets (24,350) (17,350) Total Assets $ 92,500 $ 74,700 Liabilities Current Liabilities: $ 6,500 $ 6,000 Accounts Payable Long-term Liabilities: 10,000 14,000 Notes Payable Total Liabilities Stockholders' Equity 16,500 20,000 Common Stock, no par 28,000 48,000 20,000 34,700 Retained Earnings Total Stockholders' Equity 76,000 54,700 Total Liabilities and Stockholders' Equity $ 92,500 $ 74,700 Print Done modocs example Get more Terp