The Adams Corporation reported the following income statement for 2018 and comparative balance sheet for 2018 and 2017, along with transaction data for 2018: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Adams Corporation's statement of cash flows for the year ended December 31, 2018. Format cash flows from operating activities by the indirect method. (Use a minus sign or parentheses for amounts that result in a decrease in cash.ir a box is not used in the statement, leave the box empty: do not select a label or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities. Adams Corporation 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 (Used for) by Operating Activities: Nel Cast Provided by (Used for) Operating Activities i Data Table Adams Corporation Comparative Balance Sheet December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Assets Current Assets: Cash 22,000 $ 22,000 35,000 3,000 $ 23,000 Accounts Receivable Merchandise Inventory Long-term Assets: 19,000 (1,000) 1,000 34,000 Plant Assets Accumulated DepreciationPlant Assets 153,200 (27,200 205,000 $ 97,200 (25,200) 132,000 $ 56,000 (2,000) 73,000 $ Total Assets Liabilities Current Liabilities: $ Accounts Payable Accrued Liabilities Income Tax Payable Long-term Liabilities: 35,000 $ 7,000 10,000 26,000 $ 9,000 10,000 9,000 (2,000) 0 84,000 53,000 31,000 Bonds Payable Total Liabilities 136,000 98,000 00 38,000 32,000 Common Stock, no par Retained Earnings Stockholders' Equity 52,000 27,000 (10,000) 8,000 20,000 19,000 (5,000) 34,000 Treasury Stock (5,000) 35,000 69,000 Total Stockholders' Equity 205,000 $ 132,000 $ 73,000 Total Liabilities and Stockholders' Equity [Print Print Done Done] i Data Table Adams Corporation Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 662,000 560,000 102,000 Cost of Goods Sold Gross Profit Operating Expenses: Salaries and Wages Expense Depreciation ExpensePlant Assets 46,000 10,000 2,000 58,000 Rent Expense Total Operating Expenses Operating Income Other Income and (Expenses): Loss on Disposal of Plant Assets 44,000 (2,000) (2,000) Total Other Income and (Expenses) Net Income Before Income Taxes 42,000 16,000 Income Tax Expense 26,000 Net Income Print Print [ Done Done Data Table Transaction data for 2018 Cash paid for purchase of equipment Cash payment of dividends Issuance of common stock to retire bonds payable Issuance of bonds payable to borrow cash Cash receipt from issuance of common stock 140,000 18,000 13,000 44,000 19,000 74,000 Cash receipt from sale of equipment (Cost, $84,000; Accumulated Depreciation, $8,000) Cash paid for purchase of treasury stock 5,000 Print Done