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The 2018 Income statement and comparative balance sheet of All Wired, Inc. follow (Click the icon to view the additional (Click the icon to view
The 2018 Income statement and comparative balance sheet of All Wired, Inc. follow (Click the icon to view the additional (Click the icon to view the income statement) Read the requirements (Click the icon to view the comparative balance sheet.) Requirement 1. Prepare the 2018 statement of cash flows, formatting operating activities by the indirect method. Use a minus signor parentheses for amounts that empty: do nol select a label or enter a zero.) Data Table Complete the statement one suction at a time becinning with the All 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: All Wired, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 All Wired, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue S439,000 Cost of Goods Sold 202,200 Gross Profit 236,800 Operating Expenses: Salaries Expense $ 75,400 Depreciation Expense-Plant Assets 14,200 Other Operating Expenses 10,100 Total Operating Expenses 99,700 Operating Income 137,100 Other Income and (Expenses): Interest Revenue 8,000 Interest Expense (21,200) Total Other Income and (Expenses) (13,200) Net Income Before Income Taxes 123,900 19,500 Income Tax Expense Assets Current Assets: Cash 26,400 $ 26,300 79,900 15,200 25,100 91,900 Accounts Receivable Merchandise Inventory Long-term Assets: Land Plant Assets 35,400 118,310 (22.410) 263,900 $ 15,000 108,480 (19,780) 235,900 Accumulated Depreciation-Plant Assets Net Cash Provided by (Used for) Operating Activities $ Total Assets Liabilities Print Done Choose from any list or enter any number in the input fields and 5 parts 5 remaining Current Liabilities: Accounts Payable Accrued Liabilities $ Check Answer 35,800 $ 28.500 30,600 30.900
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