Score: 0 of 1 pt Question Help E13-13A (similar to) The compative balance shoot for Eastem Travel Services, Inc., for December 31, 2017 and 2016, is as follows Click the icon to view the comparative balance sheet) The following information is taken from the records of Easter Travel Services, Inc.: (Click the icon to view the transaction data) Prepare the statement of cash flows (indirect method) for Eastern Travel Services, Inc., for 2017 Propare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and decreases in cash) Eastern Travel Services, Inc. Statement of Cash Flows-Operating Activities Section (Indirect Method) For the Year Ended December 31, 2017 Operating Activities: Adjustments to reconcile net income to cash basis Not cash provided by used for) operating activities Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Check Answer Type here to search Balance Sheet - Vs: e B con for son B 1 ten 2 Eastern Travel Services, Inc. Comparative Balance Sheets December 31, 2017 and 2016 Assets 2017 3 aten Ind decrease 4 2016 5 Current assets: emd 6 Cash activ 7 Accounts receivable 8 Inventory 9. Prepaid insurance 10 Total current assets $ 11,000 $ 16,000 78,000 79.000 59,000 24,000 12,000 14,000 $ 160,000 $ 133,000 tor 11 12 Land 13 Equipment 14 Less: Accumulated depreciation 15 Total assets $ 109,000 S 118,000 82,000 61,000 (14,000) (9.000) $ 337,000 S 303,000 16 17 Liabilities 18 Current liabilities: rovide 19 Accounts payable 20 Wages payable $ 23,000 $ 38,000 28,000 26,000 Print Done any Clear All Check Answer Type here to search . E 13-13A (SII X TE * Balance Sheet ec The comparative Click to The following infor Click the icon Prepare the state 13 Equipment 14 Less: Accumulated depreciation 15 Total assets 16 82,000 61,000 (14,000) 19,000) $ 337.000 $ 303,000 Ind decreases Prepare the stater in cash) 17 Liabilities Statem Operating Activ $ 23,000 S 38.000 28,000 26,000 18,000 16,000 6,000 3,000 $ 75,000 $ 83,000 Adjustments to 18 Current liabilities 19 Accounts payable 20 Wages payable 21 Interest payable 22 Income taxes payable 28 Total current liabilities 24 25 Notes payable (long-term) 26 Total liabilities 27 28 Stockholders' equity 29 Common stock 30 Retained earnings 31 Total stockholders' equity 32 33 Total liabilities and equity 90,000 89.000 $ 171,000 $ 172,000 5 127,000 $ 119.000 39.000 12.000 5 166.000 $ 131,000 Net cash provide $ 337,000 $ 303.000 bedo Print Done Choose from any 3 parts remaining Clear All Check Answer Type here to search Eastern Travel Services, Inc. of Cash Flows-Operating Activities Section (Indirect Method) For the Year Ended December 31, 2017 S: 1 Transactions - -nc a. Land was sold for $5,000. b. Equipment was purchased for cash. C. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2017 was $38,000. f. Cash dividends paid during the year were $11,000. Print Done by (used for) operating activities st or enter any number in the input fields and then click Check Answer. Clear All Check AI here to search gi