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S14-6 (similar to) 15 Question Help One Way Cellular accountants have assembled the following data for the year ended June 30, 2018: (Click the icon
S14-6 (similar to) 15 Question Help One Way Cellular accountants have assembled the following data for the year ended June 30, 2018: (Click the icon to view the data.) Prepare One Way Cellular's statement of cash flows using the indirect method for the year ended June 30, 2018. Assume beginning and ending Cash are $47,000 and $89,500, respectively. Complete the statement one section at a time, beginning with the 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.) i Data Table - X One Way Cellular Statement of Cash Flows Year Ended June 30, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: $ $ Cash receipt from sale of land Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock 30,000 17,000 5,500 18,000 Net income Cash purchase of equipment Decrease in current liabilities Increase in current assets other than cash 58,000 43,000 19,000 13,000 Print Done Net Cash Provided by (Used for) Operating Activities
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