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The 2018 comparative balance sheet and income statement of Linderman Pet Supply, Inc., are: (Click the icon to view the comparative balance sheet.) (Click
The 2018 comparative balance sheet and income statement of Linderman Pet Supply, Inc., are: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) Linderman Pet Supply, Inc., had no noncash investing and financing transactions during 2018. During the year, Linderman Pet Supply, Inc., sold no land or equipment, issued no notes payable, retired no stock, and had no treasury stock transactions. Read the requirements. Requirement 1. Prepare the 2018 statement of cash flows, formatting operating activities using the indirect method. 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) Linderman Pet Supply, Inc. Statement of Cash Flows Year Ended December 31, 2018) Cash flows from operating activities: Net income Adjustments to mooncile net income to net cash provided by operating activities: Depreciation expense Decrease in accounts receivable Increase in inventory Net cash provided by (used for) operating activities Cash flows from investing activities
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