Requirement 1. Prepare the statement of cash flows of Johnson 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.

Score: 0 of 5 pts 5 of 5 (3 complete) HW Scc P14-35A (similar to) i Data Table The comparative balance sheet of Johnson Educational Supply at December 31, 2018, reported the f E: (Click the icon to view the comparative balance sheet.) Johnson's transactions during 2018 included the following: (Click the icon to view the transactions.) Payment of cash dividends $ 22,200 $ 17,100 Depreciation expense Purchase of building with cash 54,800 102,000 Read the requirements Purchase of equipment with cash Issuance of long-term notes payable to borrow cash Issuance of common stock for cash Net income 59,600 46,000 115.000 Requirement 1. Prepare the statement of cash flows of Johnson Educational Supply for the year end a decrease in cash. If a box is not used in the statement, leave the box empty, do not select a label on Theses for a Complete the statement one section at a time, beginning with the cash flows from operating activities. Print Done 2018 2017 Johnson 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: Current Assets: Cash Accounts Receivable 85,700 $ 14,900 63,900 25,500 21,500 58,800 Merchandise Inventory Current Liabilities: Accounts Payable Accrued Liabilities 31,600 11,200 31,100 11,700 Choose from any list or enter any number in the input fields and then click Check Answer. Print Done Homework: Chapter 14 Homework Score: 0 of 5 pts 5 of 5 (3 complete) HW Score: 20%, 2 P14-35A (similar to) Question H i Data Table The comparative balance sheet of Johnson Educational Supply at December 31, 2018, reported the f E: (Click the icon to view the comparative balance sheet.) Johnson's transactions during 2018 included the following: BE: (Click the icon to view the transactions.) Payment of cash dividends $ 22,200 $ 17,100 Depreciation expense Purchase of building with cash 54,800 102,000 Purchase of equipment with cash Issuance of long-term notes payable to borrow cash Issuance of common stock for cash Net income 59,600 46,000 115,000 Read the requirements Johnson 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: Print Done 2018 2017 $ Current Assets: Cash Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Accrued Liabilities 85,700 $ 14,900 63,900 25,500 21,500 58,800 31,600 11,200 31,100 11,700 Net Cash Provided by (Used for) Operating Activities Print Done Choose from any list or enter any number in the input fields and then click Check