The 2018 Income statement and comparative balance sheet of get wired inc follow:

i Data Table Get vwirea, inc ncome Statement Year Ended December 31, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses $ 436,000 210,200 225,800 Salaries Expense Depreciation Expense Plant Assets Other Operating Expenses Total Operating Expenses $78,400 14,800 10,800 104.000 Operating Income 121,800 Other Income and (Expenses): Interest Revenue Interest Expense Total Other Income and (Expenses) 8,500 (21,800) Net Income Before Income Taxes Income Tax Expense Net Income (13,300) 108,500 19,400 $ 89,100 Print Done i Data Table Accounts Keceivapie 26,800 25,5UU Merchandise Inventory 79,000 91,800 Long-term Assets: Land Plant Assets Accumulated Depreciation Plant Assets 8,000 107,940 (20,840)(16,240) $ 267,400 232,200 35,300 120.740 Total Assets Liabilities Current Liabilities: Accounts Payable Accrued Liabilities $ 35,800 $30,700 30,000 28,000 Long-term Liabilities: 73,000 105,000 Notes Payable Total Liabilities 136,800 165,700 Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 64,400 2,100 66,500 $267,400 $ 232,200 88,500 42,100 130,600 Print Done i More Info Additionally, Get Wired purchased land of $27,300 by financing it 100% with long-term notes payable during 2018. During the year, there were no sales of land no retirements of stock, and no treasury stock transactions. A plant asset was disposed of for $0. The cost and accumulated depreciation of the disposed asset was $10,200. The plant acquisition was for cash. Print Done The 2018 income statement and comparative balance sheet of Get Wired, Inc. follow (Click the icon to view the income statement.) EEB (Click the icon to view the comparative balance sheet.) (Click the icon to view the additional information.) Read the requirements. Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities Depreciation Expense Plant Assets 89,100 Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Net Cash Provided by (Used for) Investing Activities Choose from any list or enter any number in the input fields and then continue to the next question. The 2018 income statement and comparative balance lance (Click the icon to view the additional information.) Read the requirements. sheet of Get Wired, Inc. follow: EE (Click the icon to view the income statement.) EEB (Click the icon to view the comparative balance sheet.) 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 Non-cash Investing and Financing Activities: Total Non-cash Investing and Financing Activities Requirement 2. How will what you learned in this problem help you evaluate an investment? A. Learn how operating activities, investing activities, and financing activities generate cash receipts and cash payments Choose from any list or enter any number in the input fields and then continue to the next auestion The 2018 income statement and sheet of Get Wired, Inc. follow: comparative balance(Click the icon to view the additional information,) balance EE (Click the icon to view the income statement) Read the requirements (Click the icon to view the comparative balance sheet.) JL Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2017 Cash Balance, December 31, 2018 Non-cash Investing and Financing Activities: Total Non-cash Investing and Financing Activities Requirement 2. How will what you learned in this problem help you evaluate an investment? A. Learn how operating activities, investing activities, and financing activities generate cash receipts and cash payments Learn how to predict future cash flows, evaluate management decisions, and predict the ability of the company to pay their debts and dividends Both A and B B. O C. 0 D. None of the above hoose from any list or enter any number in the input fields and then continue to the next