Requirement 1. Prepare the statement of cash flows of Dumont Educational Supply for the year ended December 31, 2018. Use the indirect method to report cash flows from operating activities. (Use a minus sign 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 zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities Dumont Educational Supply 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 ent of cash flows of Dumont Educational Supply for the year elleu December , 2018 Us a box lab i Data Table at Our St 2018 2017 ar Current Assets es Cash $ 93.400 $ 15,200 62.400 24,500 21,100 59,500 CA Accounts Receivable Merchandise Inventory Current Liabilities Accounts Payable Accrued Liabilities 27. 400 10.100 26.100 11.600 Print Done S $ Payment of cash dividends Purchase of equipment with cash Issuance of long-term notes payable to borrow cash Issuance of common stock for cash 14200 Depreciation expense 55100 Purchase of building with cash 50.000 Net income 106.000 16,800 99,000 61.600