Question Help Proparo the company's statement of cash flows-indirect mothod --for the year ended December 31 2024 Assumo inostrents are purchased with cash (Use a minus sign or parentheses for amounts that result in a decrease in case it a box is not used in the statement, leave the box ompty, do not select a label or ontor a zero) Prepare the company's statement of c are purchased with cash (Use a minu * Data Table -X Masterson Exercise Equipment, Inc. Income Statement Year Ended December 31, 2024 Net Sales Revenue $ 717,000 Cost of Goods Sold 345,000 Gross Profit 372,000 Operating Expenses: Depreciation Expense $ 53,000 200.000 Other Operating Expenses 253,000 Total Operating Expenses $ 119,000 Net Income Print Done wer. Clear All L - Data Table Masterson Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Assets Current Assets Cash S 21,000 $ 17,000 54,000 47,000 Accounts Receivable Merchandise Inventory 88,000 91,000 Long-term Assets 272,800 223 900 Plant Assets Accumulated Depreciation--Plant Assets (49,800) (38 900) 100,000 81,000 Investments s 486,000 $ 421,000 Total Assets Liabilities Current Liabilities Anne ZOO Anne Douala Print Done Clear All L 59% Liabilities Current Liabilities Accounts Payable $ 80,000 $ 74,000 Salaries Payable 1,000 6,500 Long-term Liabilities: 59,000 72,000 Notes Payable Total Liabilities 140,000 152,500 Stockholders' Equity Common Stock, no par 48,000 35,000 298,000 233,500 Retained Earnings 346,000 268,500 Total Stockholders' Equity $ 486,000 $ 421,000 Total Liabilities and Stockholders' Equity Score: 0.64 of 6 pts % EF 16-24 (similar to) Masterson Exercise Equipment, Inc. reported the following financial statements for 2024 Click the icon to view the income statement) (Click the icon to view the comparative balance sheet) (Click the icon to view additional information) PIUVIQUI UY (Useu non) Operaurig Acuvies 53,000 Depreciation Expense Increase in Accounts Receivable (7,000) 3.000 Decrease in Merchandise Inventory Increase in Accounts Payable 6,000 (5,500) Decrease in Salaries Payable 49,500 Net Cash Provided by (Used for) Operating Activities 168,500 Cash Flows from Investing Activities Net Cash Provided by (Used for) Investing Activities Choose from any list or enter any number in the input fields and then click Check Answer. Question Help Proparo the company's statement of cash flows-indirect mothod --for the year ended December 31 2024 Assumo inostrents are purchased with cash (Use a minus sign or parentheses for amounts that result in a decrease in case it a box is not used in the statement, leave the box ompty, do not select a label or ontor a zero) Prepare the company's statement of c are purchased with cash (Use a minu * Data Table -X Masterson Exercise Equipment, Inc. Income Statement Year Ended December 31, 2024 Net Sales Revenue $ 717,000 Cost of Goods Sold 345,000 Gross Profit 372,000 Operating Expenses: Depreciation Expense $ 53,000 200.000 Other Operating Expenses 253,000 Total Operating Expenses $ 119,000 Net Income Print Done wer. Clear All L - Data Table Masterson Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Assets Current Assets Cash S 21,000 $ 17,000 54,000 47,000 Accounts Receivable Merchandise Inventory 88,000 91,000 Long-term Assets 272,800 223 900 Plant Assets Accumulated Depreciation--Plant Assets (49,800) (38 900) 100,000 81,000 Investments s 486,000 $ 421,000 Total Assets Liabilities Current Liabilities Anne ZOO Anne Douala Print Done Clear All L 59% Liabilities Current Liabilities Accounts Payable $ 80,000 $ 74,000 Salaries Payable 1,000 6,500 Long-term Liabilities: 59,000 72,000 Notes Payable Total Liabilities 140,000 152,500 Stockholders' Equity Common Stock, no par 48,000 35,000 298,000 233,500 Retained Earnings 346,000 268,500 Total Stockholders' Equity $ 486,000 $ 421,000 Total Liabilities and Stockholders' Equity Score: 0.64 of 6 pts % EF 16-24 (similar to) Masterson Exercise Equipment, Inc. reported the following financial statements for 2024 Click the icon to view the income statement) (Click the icon to view the comparative balance sheet) (Click the icon to view additional information) PIUVIQUI UY (Useu non) Operaurig Acuvies 53,000 Depreciation Expense Increase in Accounts Receivable (7,000) 3.000 Decrease in Merchandise Inventory Increase in Accounts Payable 6,000 (5,500) Decrease in Salaries Payable 49,500 Net Cash Provided by (Used for) Operating Activities 168,500 Cash Flows from Investing Activities Net Cash Provided by (Used for) Investing Activities Choose from any list or enter any number in the input fields and then click Check