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The 2018 income statement and comparative balance sheet of Rolling Hills, Inc. follow: (Click the icon to view the income statement.) (Click the icon to
The 2018 income statement and comparative balance sheet of Rolling Hills, Inc. follow: (Click the icon to view the income statement.) (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 sign or enter a zero.) Complete the statement one section at a time, beginnina with the cash flows from nnaratinn antivitiod Data table Data table Rolling Hills, Inc. Comparative Balance Sheet December 31, 2018 and 2017 20182017 Assets Current Assets: Liabilities Current Liabilities: Accounts Payable Accrued Liabilities $35,700$30,40028,70030,300 Long-term Liabilities: \begin{tabular}{crr} Notes Payable & 79,000 & 108,000 \\ Total Liabilities & 143,400 & 168,700 \\ \hline \end{tabular} Print Done Data table ith the cash flows from operating activities. Requirements 1. Prepare the 2018 statement of cash flows, formatting operating activities by the indirect method. 2. How will what you learned in this problem help you evaluate an investment
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