The comparative balance sheet of Robeson Educational Supply at December 31, 2018, reported the following: BE! (Click the icon to view the comparative balance sheet.) Robeson's transactions during 2018 included the following: (Click the icon to view the transactions.) Read the requirements Requirement 1. Prepare the statement of cash flows of Robeson Educational Supply for the year ended December 31, 2018. Use the indirect method to report cash flows from operating activities. (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 i Requirements Robeson Educational Supply 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 by (Used for) Operating Activities: 1. Prepare the statement of cash flows of Robeson Educational Supply for the year ended December 31, 2018. Use the indirect method to report cash flows from operating activities. 2. Evaluate Robeson's cash flows for the year. Mention all three categories of cash flows, and give the reason for your evaluation. 3. If Robeson plans similar activity for 2018, what is its expected free cash flow? Print Done Choose from any list or enter any number in the input fields and then click Check Answer. The comparative balance sheet of Robeson Educational Supply at December 31, 2018, reported the following: (Click the icon to view the comparative balance sheet.) Robeson's transactions during 2018 included the following: (Click the icon to view the transactions.) Read the requirements 2018 2017 Current Assets: Cash Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Accrued Liabilities 83,900 $ 14,500 61,800 20.500 21,800 60,400 Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: 29,600 10,500 28,100 11,900 Data Table $ $ Payment of cash dividends Purchase of equipment with cash Issuance of long-term noles payable to borrow cash Issuance of common stock for cash 21,200 54,400 44,000 111,000 Depreciation expense Purchase of building with cash Net income 17,400 103,000 63,600 Net Cash Provided by (Used for) Operating Activities Choose from any list or enter any number in the input fields and then click Check Answer. Print | Done ] parts