To prepare the statement of cash flow 's, accountant for Daisy electric company have summarize 2018 activity in two accounts:

Daisy electric's 2018 income statement and balance sheet that a follow:

Requirement one. Prepare the statement of cash flow's of Daisy electric company for the year end of December 31, 2018 using the direct method to report operating activities. Also prepare the accompanying schedule of non-cash investing in financing activities.

Start by completing the cash flows from operating activities using the direct method. Then complete the statement of cash flow's in the accompanying schedule of non-cash investing in financing activities.

Requirement two. Use Daisy electric's 2018 income statement and information from its selected balance sheet data to prepare a supplementary schedule of cash flows from operating activities using the indirect method.

Thank you in advance!!

- Data Table unt en sh Beginning bal Sale of long-term investment Collections from customers Issuance of common stock Receipts of dividends pare 402,000 62,000 143,300 28.100 31,300 Cash 48,400 Payments on accounts payable 18,200 Payments of dividends 661,300 Payments 5t salaries and wages 47 800 Payments of interest 16,900 Purchase of equipment Payments of other operating expenses Payment of long-term note payable Purchase of treasury stock Payment of income tax 3.900 band for 34,900 Eld 41,400 26.800 18.900 ad Ending Ba ind Print Done Data Table unt a RECENSUF UVIDEOS JI,00 bal end 10,900 TruChase requipment Payments of other operating expenses Payment of long-term note payable Purchase of treasury stock Payment of income tax 3,900 34,900 41,400 26,800 18,900 ch Spare Ending Bal atin pang Eor Eld asil dd Common Stock Beginning bal Issuance for cash Issuance to acquire land Issuance to retire note payable Ending bal 78,300 47,800 61,700 24.000 212,300 Print Done 1 - Data Table for Daisy Electrica e sheet data follow. (Click the Daisy Electric Company Income Statement Year Ended December 31, 2018 of Daisy Electric rating activities. Revenues Sales revenue $ 688,700 16,900 ctivities using the dire et decrease in cash Hule of noncashi 705,600 c Company Ows (Direct Method ember 31, 2018 Dividend revenue Total revenue Expenses and losses: Cost of goods sold Salary and wage expense Depreciation expense Other operating expense $ 371.900 136.000 19.300 25,300 input fields and the Print Done i Data Table sy Electrica data follow: (Click the 16,900 705,600 sy Electric $ rating activities. Also pre Dividend revenue Total revenue Expenses and losses Cost of goods sold Salary and wage expense Depreciation expense Other operating expense Interest expense Income tax expense Hule of noncash investing using the dire ease in cash) 371,900 136.000 19,300 25,300 30,400 15.700 3,800 pany irect Method 31, 2018 Loss on sale of investments Total expenses and losses 602,400 $ 103,200 Net income ields and the Print Done x 0 Data Table sy Electric Com data follow (Click the icon Daisy Electric Company Selected Balance Sheet Data December 31, 2018 sy Electric Com Increase operating activitie (Decrease) thedule of noncas using the direct ease in cash.) pany rect Method) 31, 2018 Current assets Cash and cash equivalents Accounts receivable Inventories Prepaid expenses Land Equipment nee (44.500) 27 400 22,300 (1000) 61 700 12 000 ields and then c Print Done - Data Table lectric Com follow Click the icon Land 61,700 12,000 (22,000) lectric Comp Joperating activities. Als Ehedule of noncash inv ng the direct in cash.) Equipment, net Long-term investments Current liabilities: Accounts payable Interest payable Salary payable Other accrued liabilities Income tax payable Long-term note payable Common stock Retained earnings Treasury stock (7 800) 2.300 (7,300) (10,600) (3.200) (65 400) 133.500 Method) 2018 41.200 26.800 and then c Print Done lesno To prepare the statement of cash flows, accountants for Daisy Electric Company have summarized 2018 activity in two acc (Click the icon to view the transaction data) Daisy Electric's 2018 income statement and balance sheet data follow. Click the icon to view the income statement.) (Click the icon to view the balance sheet data.) Read the requirements Daisy Electric Company Statement of Cash Flows (Direct Method) Year Ended December 31, 2018 Cash flows from operating activities: Receipts Total cash receipts Payments Choose from any list or enter any number in the input fields and then continue to the next question o To prepare the statement of cash flows, accountants for Daisy Electric Company have summarized 2018 activity in tw (Click the icon to view the transaction data.) Daisy Electric's 2018 income statement and balance sheet data follow. (Click the icon to view the income statement) E! Click the icon to view the balance sheet data) Read the requirements. Payments Total cash payments Net cash provided by (used for operating activities Cash flows from investing activities: Choose from any list or enter any number in the input fields and then continue to the next question To prepare the statement of cash flows, accountants for Daisy Electric Company have summarized 2018 activity in E! Click the icon to view the transaction data) Daisy Electric's 2018 income statement and balance sheet data follow (Click the icon to view the income statement.) (Click the icon to view the balance sheet data) Read the requirements. Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Choose from any list or enter any number in the input fields and then continue to the next question prepare the statement of cash flows, accountants for Daisy Electric Company have summarized 2018 activity in two acco (Click the icon to view the transaction data) Daisy Electric's 2018 income statement and balance sheet data follow E (Click the icon to view the income statement.) (Click the icon to view the balance sheet data.) Read the requirements Net cash provided by (used for) financing activities Net increase (decrease) in cash Noncash investing and financing activities: Total noncash investing and financing activities Requirement 2. Use Daisy Electric's 2018 income statement and information from its selected balance sheet data to prepare Choose from any list or enter any number in the input fields and then continue to the next question To prepare the statement of cash flows, accountants for Daisy Electric Company have summarized 2018 activity in two accounts: (Click the icon to view the transaction data.) Daisy Electric's 2018 income statement and balance sheet data follow E (Click the icon to view the income statement.) (Click the icon to view the balance sheet data) Read the requirements Requirement 2. Use Daisy Electric's 2018 income statement and information from its selected balance sheet data to prepare a supplem parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Daisy Electric Company Partial Statement of Cash Flows (Indirect Method) Year Ended December 31, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by operating activities Choose from any list or enter any number in the input fields and then continue to the next question 0 To prepare the statement of cash flows, accountants for Daisy Electric Company have summarized 2018 activity in tv (Click the icon to view the transaction data) Daisy Electric's 2018 income statement and balance sheet data follow. E!! (Click the icon to view the income statement.) (Click the icon to view the balance sheet data.) Read the requirements. Adjustments to reconcile net income to net cash provided by operating activities: Choose from any list or enter any number in the input fields and then continue to the next question To prepare the statement of cash flows, accountants for Daisy Electric Company have summarized 2018 activity in two acc E: (Click the icon to view the transaction data) Daisy Electric's 2018 income statement and balance sheet data follow. (Click the icon to view the income statement.) Click the icon to view the balance sheet data) Read the requirements Net cash provided by (used for) operating activities Choose from any list or enter any number in the input fields and then continue to the next