The Connor 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 Connor 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.) Connor 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 ExpensePlant Assets 35000 Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets Cash Receipt from Sale of Treasury Stock DODILOLO. Cash Payment for Acquisition of Plant Assets Cash Receipt from Sale of Treasury Stock Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Cash Receipt from Issuance of Common Stock Cash Payment of Dividends 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 he icon to view the comp he icon to view the additid A Data Table ating activities by the ind leave the box empty; nnor Corporation's staten se a minus sign or parent nter a zero.) sh Payment for Acquisition ceipt from Sale of Treasur 662,000 530,000 132,000 Provided by (Used for) In s from Financing Activiti sh Receipt from Issuance sh Payment of Dividends Connor Corporation Income Statement Year Ended December 31, 2018 Net Sales Revenue $ Cost of Goods Sold Gross Profit Operating Expenses: Salaries and Wages Expense $ 49,000 Depreciation ExpensePlant Assets 11,000 Rent Expense 5,000 Total Operating Expenses Operating Income Other Income and (Expenses): (11.000) Loss on Disposal of Plant Assets Total Other Income and (Expenses) Net Income Before Income Taxes 65,000 67,000 Provided by (Used for) F ase (Decrease) in Cash ance, December 31, 2011 ance, December 31, 2018 (11,000) 56,000 21,000 35,000 Income Tax Expense Investing and Financing $ Net Income -cash Investing and Finar Print Done many list or enter any number in the input fields and then continue to the next question. The Connor Corporation reported the following income statement for 2018 and comparative balance sheet for 2018 and 2017, along with transaction data for 2018: BE (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 Connor 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.) Cash Payment for Acquisi Cash Receipt from Sale of Trea 0 Data Table X Net Cash Provided by (Used for Cash Flows from Financing Act Cash Receipt from Issuan Cash Payment of Dividen 110,000 20,000 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 Cash receipt from sale of equipment (Cost, $85,000; Accumulated Depreciation, $12,000) Cash paid for purchase of treasury stock 18,000 43,000 24,000 62,000 Net Cash Provided by (Used for Net Increase (Decrease) in Cas Cash Balance, December 31, 2 9,000 Cash Balance, December 31, 2] Print Done 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. A Data Table - X Jansaction e Connor Corporatid 18: (Click the icon to (Click the icon to v 20.000 29.000 19.0001 42,000 31,000 11,000 epare Connor Corpo ethod. (Use a minus abel or enter a zero. Cash Payment Cash Receipt from by the inde k empty;d Accounts Receivable Merchandise Inventory Long-term Assets: Plant Assets Accumulated DepreciationPlant Assets 114,700 (15,700) 218,000 $ 89.700 (16,700) 134,000 $ 25,000 1,000 84,000 $ Total Assets Liabilities Net Cash Provided Cash Flows from Fir Cash Receipt f Cash Payment Current Liabilities: Accounts Payable Accrued Liabilities Income Tax Payable Long-term Liabilities: 39,000 $ 3,000 15,000 27,000 $ 4,000 15,000 12,000 (1,000) Bonds Payable 76,000 51,000 25,000 Total Liabilities 133,000 97,000 36,000 Net Cash Provided Net Increase (Decre Cash Balance, Dece Cash Balance, Dece Non-cash Investing Stockholders' Equity Common Stock, no par 66,000 Retained Earnings 39,000 (20,000) Treasury Stock Total Stockholders' Equity 85,000 $ 218,000 $ Total Liabilities and Stockholders' Equity 24,000 24,000 (11,000) 37,000 134,000 $ 42,000 15,000 (9,000) 48,000 84,000 Total Non-cash Inves pose from any list Print Done Data Table - X Jansaction data for The Connor Corporatid 2018: (Click the icon to (Click the icon to y Comparative Balance Sheet December 31, 2018 and 2017 by the indirect k empty, do not select Prepare Connor Corp method. (Use a minus a label or enter a zero. Cash Paymeni Cash Receipt from Increase (Decrease) 2018 2017 Assets Current Assets: $ Cash Accounts Receivable Merchandise Inventory Long-term Assets: 57,000 $ 20,000 42,000 1,000 $ 29,000 31,000 56,000 (9,000) 11,000 Net Cash Provided Cash Flows from Fid Cash Receipt : Cash Payment Plant Assets Accumulated Depreciation-Plant Assets 114,700 (15,700) 218,000 $ 89,700 (16,700) 134,000 $ 25,000 1,000 84,000 $ Total Assets Liabilities Net Cash Provided Net Increase (Decre Cash Balance, Dece Cash Balance, Dece 27,000 $ Current Liabilities: Accounts Payable Accrued Liabilities Income Tax Payable Long-term Liabilities 39,000 $ 3,000 15,000 12,000 (1,000) 4,000 15,000 Non-cash Investing 76,000 51,000 25,000 Bonds Payable Total Liabilities 133,000 97,000 36,000 Total Non-cash Inves Choose from any list Print Done