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The following excerpts from John Wick Company's financial information. Dec. 31, 2018 Dec. 31, 2017 Cash Account Receivable Merchandise Inventory Land Plant Assets Accumulated Depreciation
The following excerpts from John Wick Company's financial information. Dec. 31, 2018 Dec. 31, 2017 Cash Account Receivable Merchandise Inventory Land Plant Assets Accumulated Depreciation Total Assets $225,000 38,350 59,500 150,000 160,000 (49,000) 583,850 $200,000 35,350 58,200 50,000 160,000 (37,000) 466,550 Accounts Payable Accrued Liabilities Common Stock Retained Earnings Total Liabilities and Equity 29,100 15,500 45,000 494,250 583,850 27,300 12,000 20,000 407,250 466,550 Additional information: Net income for 2018 Depreciation expense for 2018 Land purchased, for cash Stock issued in exchange for cash, at par value Dividends declared and paid 98,000 12,000 100,000 25,000 11,000 Required: Prepare the company's statement of cash flows for 2018 and show any necessary work
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