Question Help Accountants for Elwin, Inc. have assembled the following data for the year ended December 31, 2018: (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Prepare Elwin's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign enter a zero.) 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 Elwin, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2017 Cash Balance, December 31, 2018 Non-cash Investing and Financing Activities: Total Non-cash Investing and Financing Activities 2018 2017 Current Assets: $ 86,000 $ 63,800 17,000 68,900 78,000 86,000 Cash Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 58,200 14,200 55,300 17,100 Transaction Data for 2018: Issuance of common stock for cash Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold $ 42,000 Payment of notes payable 17,000 Payment of cash dividends 80,000 Issuance of notes payable to borrow cash 121,000 Gain on sale of building 60,000 Net income $ 48,100 48,000 63,000 4,000 66,000