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Smithson Office Machines, Inc.'s accountants assembled the following selected data for the year ended December 31, 2018: (Click the icon to view the current
Smithson Office Machines, Inc.'s accountants assembled the following selected data for the year ended December 31, 2018: (Click the icon to view the current accounts.) Requirement (Click the icon to view the transaction data.) 1. Prepare Smithson Office Machines, Inc.'s statement of cash flows using the indirect method to report operating activities. List noncash investing and financing activities on an accompanying schedule. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted.) Smithson Office Machines, 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 Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash: Cash balance, December 31, 2017 Cash balance, December 31, 2018 Noncash investing and financing activities:
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