The comparative balance sheet for Eastern Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to viow the comparative balance sheet) The following information is taken from the records of Eastern Travel Services, Inc: (Click the icon to view the transaction data.) Prepare the statement of cash fiows (indirect method) for Eastern Travel Services, Inc., for 2017. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and decreases in cash.) Eastern Travel Services, Inc. (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Eastern Travel Services, Inc.: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Eastern Travel Services, Inc., for 2017. the icon to view the transaction data.) Transactions a. Land was sold for $15,600. b. Equipment was purchased for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2017 was $35,000. f. Cash dividends paid during the year were $6,000. The comparative balance sheet for Mosaic Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to view the comparabive balance sheet) The following information is taken from the records of Mosaic Travel Services, Inc:: (Click the icon to view the transaction data.) Mosaic Travel Services, Inc. uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of cash flows for 2017 (Use parentheses or a minus sign for numbers to be subtracled or net cash outflow.) Balance Sheet Transactions a. Land was sold for $5,700. b. Equipment was purchased for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2017 was $31,000. f. Cash dividends paid during the year were $11,000. The comparative balance sheet for Eastern Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to viow the comparative balance sheet) The following information is taken from the records of Eastern Travel Services, Inc: (Click the icon to view the transaction data.) Prepare the statement of cash fiows (indirect method) for Eastern Travel Services, Inc., for 2017. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and decreases in cash.) Eastern Travel Services, Inc. (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Eastern Travel Services, Inc.: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Eastern Travel Services, Inc., for 2017. the icon to view the transaction data.) Transactions a. Land was sold for $15,600. b. Equipment was purchased for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2017 was $35,000. f. Cash dividends paid during the year were $6,000. The comparative balance sheet for Mosaic Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to view the comparabive balance sheet) The following information is taken from the records of Mosaic Travel Services, Inc:: (Click the icon to view the transaction data.) Mosaic Travel Services, Inc. uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of cash flows for 2017 (Use parentheses or a minus sign for numbers to be subtracled or net cash outflow.) Balance Sheet Transactions a. Land was sold for $5,700. b. Equipment was purchased for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2017 was $31,000. f. Cash dividends paid during the year were $11,000
