The Barone 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 Barone 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. If 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. 88000 Barone 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: Depreciation Expense--Plant Assets Loss on Disposal of Plant Assets Increase in Accounts Payable Decrease in Accounts Receivable Increase in Merchandise Inventory Decrease in Accrued Liabilities 14000 9000 12000 6000 (7000) (1000) 33000 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: 121000 Choose from any list or enter any number in the input fields and then continue to the next question. ? The Barone 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 Barone 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. If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) 121000 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets Cash Payment for Purchase of Treasury Stock Cash Payment of Dividends Cash Receipt from Disposal of Plant Assets Cash Receipt from Issuance of Bonds Payable Cash Receipt from Issuance of Common Stock Cash Receipt from Sale of Treasury Stock Decrease in Accounts Receivable Decrease in Accrued Liabilities Depreciation Expense-Plant Assets Increase in Accounts Payable Increase in Merchandise Inventory Issuance of Common Stock to Retire Bonds Payable Loss on Disposal of Plant Assets Chuude wonerary maturemer any erre pour anu then continue to the next question. The Barone 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 Barone 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. If a box is not used in the statement, leave the box empty: do not select a label or enter a zero.) Net Cash Provided by (Used for) Investing Activities 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 Choose from any list or enter any number in the input fields and then continue to the next question. ? BELO Barone Corporation Comparative Balance Sheet December 31, 2018 and 2017 Increase 2018 2017 (Decrease) Assets Current Assets: Cash 7,000 $ 44,000 $ 22,000 44,000 28,000 37,000 (6,000) 7,000 37,000 Accounts Receivable Merchandise Inventory Long-term Assets: Plant Assets 201,200 (22,700) 288,500 $ Accumulated Depreciation-Plant Assets 98,200 (18,700) 151,500 $ 103,000 (4,000) $ 137,000 Total Assets Liabilities Current Liabilities: 42,000 $ Accounts Payable Accrued Liabilities Income Tax Payable 30,000 $ 7,000 8,000 12,000 (1,000) 6,000 8,000 0 Lantam Linhiltinet Print Done Long-term Assets: Plant Assets 201,200 (22,700) 98,200 (18,700) 103,000 (4,000) in Accumulated Depreciation-Plant Assets $ 288,500 $ 151,500 $ 137,000 Total Assets Liabilities Current Liabilities: 42,000 $ 6,000 8,000 30,000 $ 7,000 8,000 12,000 (1,000) 0 Accounts Payable Accrued Liabilities Income Tax Payable Long-term Liabilities: Bonds Payable Total Liabilities 81,000 58,000 23,000 137,000 103,000 34,000 45,000 Stockholders' Equity Common Stock, no par 64,000 Retained Earnings 99,500 Treasury Stock (12,000) Total Stockholders' Equity 151,500 Total Liabilities and Stockholders' Equity 288,500 $ 19,000 30,500 (1.000) 69,000 (11,000) 48,500 103,000 137,000 151,500 $ Print Done Barone Corporation Income Statement C Year Ended December 31, 2018 Net Sales Revenue $ 662,000 480,000 Cost of Goods Sold Gross Profit 182,000 Operating Expenses: Salaries and Wages Expense Depreciation Expense Plant Assets $ 43,000 14,000 4,000 Rent Expense 61,000 121,000 Total Operating Expenses Operating Income Other Income and (Expenses): Loss on Disposal of Plant Assets Total Other Income and (Expenses) Net Income Before Income Taxes (9,000) (9,000) 112,000 24,000 Income Tax Expense Net Income 88,000 Print Done Data Table Transaction data for 2018 180,000 19,000 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 Cash receipt from sale of equipment (Cost, $77,000; Accumulated Depreciation, $10,000) Cash paid for purchase of treasury stock 18,000 41,000 27,000 58,000 11,000 Print Done nvesting and Financing Activities