Score: 0 of 1 pt 6 of 11 (3 complete) P14-34A (similar to) The 2018 income statement and comparative balance sheet of Get Wired, Inc. follow. Click the icon to view the income statement.) Click the icon to view the comparative balance sheet.) (Click the icon to view the additional information.) Read the requirements Requirement 1. Prepare the 2018 statement of cash flows, formatting operating activities by the indirect method (Use a minus signor parentheses for amounts that result in a decrease in cash if a baix is not used in the statement, leave the box emply, 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 Get Wired, Inc. 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 A Data Table e indirect method se a minus sian ar narentheses for amounts that result in a decrease in c zero.) vitici A Data Table - X 2017 442,000 206,200 235,800 15,300 25,000 91,600 Get Wired, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ Cost of Goods Sold Gross Profit Operating Expenses Salaries Expense 73,400 Depreciation ExpensePlant Assets 14,600 Other Operating Expenses 10,300 Total Operating Expenses Operating Income Other Income and (Expenses): Interest Revenue 8,100 Interest Expense (21,600) Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense $ Net Income 15,000 111,520 (17,820) 240,600 98,300 137,500 Get Wired, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 Assets Current Assets Cash 26,300 $ Accounts Receivable 26,600 Merchandise Inventory 80,000 Long-term Assets Land 34,900 Plant Assets 125,750 Accumulated Depreciation-Plant Assets (20,850) $ 272,700 $ Total Assets Liabilities Current Liabilities: Accounts Payable $ 35,800 $ Accrued Liabilities 28,100 Long-term Liabilities: Notes Payable 74,000 Total Liabilities 137,900 Stockholders' Equity Common Stock, no par 88,400 Retained Earnings 46,400 Total Stockholders' Equity 134,800 Total Liabilities and Stockholders' Equity $ 272,700 $ 30,700 30,400 (13,500) 124,000 19,300 104,700 105,000 166,100 Print Done 64.300 10,200 74,500 240,600 Print Done