S11-7 (similar to) Question Help Edmund Corporation accountants have assembled the following data for the year ended June 30, 2018 (Click the icon to view the data.) Prepare Edmund Corporation's statement of cash flows for the year ended June 30, 2018. The company uses the Indirect method for operating activities Begin by completing the cash flows from operating activities. Then complete the remaining sections of the cash flow statement. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash) Edmund Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by used for) operating activities No cash provided by used for) operating activities i Data Table Net income --- Payment of dividends Proceeds from the issuance of common stock Sales revenue. Increase in current assets other than cash Purchase of treasury stock $ ? Cost of goods sold. $ 113,000 10,000 Other operating expenses 35,000 Purchase of equipment 30,000 with cash... 39,000 227,000 Increase in current liabilities..... 13,000 Payment of note payable ...... 27,000 29,000 Proceeds from sale of land 29,000 5,000 Depreciation expense 10,000 Print Done