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this question has me lost please helpppp Morgensen Software Corp has assembled the following data for the years ending December 31, 2018 and 2017 E

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this question has me lost please helpppp
Morgensen Software Corp has assembled the following data for the years ending December 31, 2018 and 2017 E (Click the icon to view the current accounts) (Click the icon to view the transaction data) Requirement 1. Prepare Morgensen's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash investing and financing activities Start by completing the cash flows from operating activities. Then complete the remaining sections of the statement of cash flows including the schedule of noncash investing and financing activities (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Morgensen Software Corp. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2018 Cash flows from operating activities: Choose from any list or enter any number in the input fields and then continue to the next questid. RI e a More Info Data Table Transaction Data for 2018: December 31, 2018 2017 $ 12100 32 000 44,000 Acquisition of land by issuing long term note payable Stock dividends Collection of loan Depreciation expense Purchase of building with cash Retirement of bonds payable by issuing common stock Purchase of treasury stock $ 199,000 Loss on sale of equipment 20 000 Payment of cash dividends 10.300 Issuance of long-term nole 22.000 payable to borrow cash Not income 98.000 Issuance of common stock 30,000 52 200 62 000 Current Accounts: Current assets Cash and cash equivalents Accounts receivable Inventones Prepaid expenses Current liabilities Accounts payable $ 105,900 $ 40,000 90.000 3.400 64,100 87.000 2.400 38.100 for cash 71,000 Proceeds from sale of $ 55,800 57 900 $ 7 Incoma tar narahlo Print Done Print Done a 11. Pe More Info Data Table 2018 2017 $ $ 12.100 32000 44000 Acquisition of land by issuing long term not payable Stock dividends Collection of loan Depreciation expense Purchase of building with cash Retirement of bonds payable by issuing common stock Purchase of long-term investment with cash Purchase of treasury stock 199,000 Loss on sale of equipment 20.000 Payment of cash dividends 10,300 Issuance of long term note 22.000 payable to borrow cash Net income 98.000 Issuance of common stock 52 200 62.000 Current Accounts: Current assets Cash and cash equivalents Accounts recevable Inventories Prepaid expenses Current liabilities Accounts payable Income tax payable Accrued liabilites $ 105 000 $ 40 000 90.000 3.400 30 000 64 100 87,000 2.400 38.100 $ for cash 71,000 Proceeds from sale of equipment 44.900 Amortation expense 12.000 4000 57 000 $ 28.500 14,900 55,800 17.100 7,800 Print Done Print Done O AL e a PI brt so delete backspace 5 6 7. 8. 9 O ve years ending December 31, 2018 and 2017 ck the icon to view the transaction data.) ct method to report operating activities. Include a schedule of non Amortization expense Mi Collection of loan Decrease in accounts receivable Re Increase in accounts payable 1. Increase in inventories Depreciation expense Increase in accrued liabilities Increase in income tax payable Increase in prepaid expenses Issuance of common stock Issuance of long-term note payable Loss on sale of equipment Net income Payment of cash dividends Proceeds from sale of equipment Purchase of building Method) 8 Jnified Tool shboard Choose from any list or enter any number in the input fields and then continue to the next question. ins earch o e 21 a Oo % co 4 5 0) 7. 8 9 Morgensen Software Corp. has assembled the following data for the years ending December 31, 2018 and 2017 Click the icon to view the current accounts) Click the icon to view the transaction data) Requirement 1. Prepare Morgensen's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash Net cash provided by used for) operating activities Cash flows from investing activities: ed Net cash provided by (used for) investing activities Cash flows from financing activities: ard Choose from any list or enter any number in the input fields and then continue to the next question O BI e a oo - 1184 $ % & 5 6 7. 8 9 Morgensen Software Corp. has assembled the following data for the years ending December 31, 2018 and 2017 Click the icon to view the current accounts.) Click the icon to view the transaction data) Requirement 1. Prepare Morgensen's statement of cash flows using the indirect method to report operating activities. Include a schedule of nonce Net cash provided by (used for) financing activities Net increase (decrease) in cash ified Noncash investing and financing activities: ool Total noncash investing and financing activities board Choose from any list or enter any number in the input fields and then continue to the next question o Bet e a E 16 + >> $ % & 4 5 6 7. 8. 9

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