This Question: 15 pts 46 of ( complictc) This T i Data Table Happy Carmper Cormpary's comparative balance sheet and addtional data are shown below. (Click the loon to view the comparative balance sheet > (Click the loon to Happy Camper Company Comparative Bulance Sheet Dacembar 31, 2019 and 2018 More Info Prepare tha statemant of cash lows for tha yaar andad Dacamber 31, 2019, using the indirsct 2019 2018 Happy Campar Company Staterment of Cash Flows Year Ended December 31, 2019 1. The income statement for 2019 included the following items a. Nat incoma. $435,000 b. Depreciation expense for the year $49,100. c. Amortization on the bonds payable, 5200 Assets Current Assels. Cash Flows From Operating Activities Cash Shorl-term Investments, net Accounts Receivable, net Merchandise Inventory Office Supplies Propaid Romt $ 1556,730 $16,850 2. Thara wrs no disposals of property plant and aquipmant during tha yaar All Net Income Adjustments to Reconcle Nat Income to Nat Cash Provided by (Used Tor) Operating Activilies acquisitions of PP&E were for cash except the land, which was acquired by issuing preferred stock. 24,000 1,600 500 r0 6,100 3. The company issued bonds paysble wth a face value of 5800,000, receving cash of $799 200 . The company distributed 6,000 shares of common stock in a stock dividend 800 when the markel value was 59.00 per share. All other dividends were psid in 1.400 5. The common stock, except or the stuck dividend, was issued for cash. 6. The cash receipt from the notes payable in 2019 is considered a financing Property. Plant, and Equipment. Land 295,000 95,000 757,000 217,000 10,080 10,080 activily because it does not relale to operstions. Pint Done Office Furniture and Equipment 140,000 50,840) 1,740) S3.744,140 345,490 Totel Assets Liabilities Current Liabiities. Accounts Payable Utilities Payable Telephone Payable 4510S 1,60 270 320 370 Not Cash Provided hy (Used for) Oparating Activitias Cash Flows From Investing Activities 520 Print Done Data Table Happy Camper Company's comparative balance sheet and additional data are shown below. Ell (Click the icon to view the comparative balance sheet) Requirement (Click the icon to view Liabilities Prepare the statement of cash flows for the year ended December 31, 2019, using the indirect m Current Liabilities: in the s Accounts Payable Utilities Payable Telephone Payable Wages Payable Notes Payable Interest Payable Unearned Revenue 370 520 3,450 22,000 670 600 4,510 $ 1,960 270 320 1.050 120 Net Cash Provided by (Used for) Operating Activities Cash Flows From Investing Activities 150 Long-Term Liabilities 6,720 315,000 800,000 (600) 1,153,240 6,720 Notes Payable Mortgage Payable Bonds Payable Discount on Bonds Payable Net Cash Provided by (Used for) Investing Activities Cash Flows From Financing Activities: Total Liabilities 10,590 Stockholders' Equity Paid-In Capital Preferred Stock Paid-In Capital in Excess of Par-Preferred Common Stock Paid-In Capital in Excess of Par-Common 900,000 300,000 452,000 332,000 600,000 338,900 Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, Dec. 31, 2018 Cash Balance, Dec. 31, 2019 Non-cash Investing and Financing Activities: Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 2.900 2,590,900 334,900 $ 3,744,140 $ 345,490 Print Done