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Root Media Corporation had the following income statement and balance sheet for 2024: (Click the icon to view the income statement.) (Click the icon
Root 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 Root issued a $4,900 note payable. Root acquired equipment worth $16,100, and made payments on the long-term notes payable in the amount of $11,900 during the year. Assume the company paid cash for the acquisition of plant assets. Prepare Root Media's statement of cash flows-indirect method-for the year ended December 31, 2024. do not select a label or enter a zero.) Root Media Corporation Statement of Cash Flows Year Ended December 31, 2024 Cash Flows front Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Depreciation Expense
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