The 2018 comparative balance sheet and income slalement of Alkinson Group, Inc. folow. Alkinson disposed of a plant assel al book value during 2018 (Click the icon to view the comparative balance sheel.) Click the icon lo view the income slalerneni.) Prepare the spreadsheet for the 2018 statement of castillos. Formal cash flows from operating aclivilies by the indirect method. A plant assel was disposed of for $0. The cost and accumulated depreciation of the disposed asset was $12,800. There were no sales of land, no retirement of contrain stock and a reasury sick transactins. Assume plant asset and land acquisitions were for cash. Use the transaction references in Panel B when selecting the transaction references in Panel A. (If a box is not used in the spreadsheet, leave the box empty, do not select a label or enter a zero. Do not check your answer until both Panel A and Panel B have been completed) Atkinson Group, Inc. Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Transaction Analysis Balance Balance 12/31/2017 Panel A-Balance Sheet: DEBIT CREDIT 12/31/2018 Cash Accounts Rronivable Merchandise Inventory 15,000 43,700 99,000 12,000 111,810 (17.310) 4,400 42,600 98.200 37.900 121.210 (19,810) Land Plant Assets Accumulated Depreciation Plant Assels 258,200 283,100 Touals Accounts Payable 26,300 22,100 68,000 II III 24.800 23,500 Accrued Liabilities 51.000 Notes Payable Total Liabilities 116,400 99,300 Common Stock 121,800_ 20,000 130,300 53,500 Retained Earrings 258,200 281 100 Total Liabilities and Stockholders' Equity Panel B-statement of Cash Flows: Cash Flaws from Operating Activities: Adjustments la Reconcile Net Income to Net Cash Provided by Operating Activities: Net Cash Provided by Operating Activities Cash Flows from Investing Activities: Net Cash Used for Investing Activities Cash Flows from Financing Activities: Net Cash Used for Financing Activities (m) Non-cash Investing and Financing Activities: Total Non-cash Investing and Financing Activities Total i Data Table 0 Data Table Atkinson Group, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets: Cash Accounts Receivable 4,400 $ 42,600 96,200 15,000 43,700 93,000 Merchandise Inventory Long-term Assets: Land Plant Assets 37,900 121,810 (19,810) 283,100 $ 12,000 111,810 (17,310) 258,200 Accumulated DepreciationPlant Assets $ Atkinson Group, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 439,000 Cost of Goods Sold 205,900 Gross Profit 233,100 Operating Expenses: Salaries Expense $ 76,400 Depreciation ExpensePlant Assets 15,100 Other Operating Expenses 49,800 Total Operating Expenses 141,300 Operating Income 91,800 Other Income and (Expenses): Interest Revenue 11,100 Interest Expense (24,000) Total Other Income and (Expenses) (12,900) Net Income Before Income Taxes 78,900 16,700 Income Tax Expense $ 62,200 Net Income Total Assets Liabilities Current Liabilities: 26,300 Accounts Payable Accrued Liabilities 24,800 $ 23,500 22,100 Long-term Liabilities: 51,000 68,000 Notes Payable Total Liabilities 99,300 116,400 Stockholders' Equity Common Stock, no par 130,300 53,500 Retained Earnings 121,800 20,000 141,800 258,200 Total Stockholders' Equity Print Done 183,800 283,100 $ $ Total Liabilities and Stockholders' Equity Print Done