Required information (The following information applies to the questions displayed below.) The following transactions apply to Hooper Co. for 2018, its first year of operations: 1. Issued $180,000 of common stock for cash. 2. Provided $96,000 of services on account. 3. Collected $82,000 cash from accounts receivable. 4. Loaned $13,000 to Mosby Co. on November 30, 2018. The note had a one-year term to maturity and a 6 percent interest rate. 5. Paid $40,000 of salaries expense for the year. 6. Paid a $4.000 dividend to the stockholders. 7. Recorded the accrued interest on December 31, 2018 (see item 4). 8. Estimated that 1 percent of service revenue will be uncollectible. b. Prepare the income statement, balance sheet, and statement of cash flows for 2018 Login Canvas: FSW Reso. Thesaurus.com S. Google Docs Grammarly BankMobile: Recent. G W orkout Programs work Help Save & Exi Chech Required information (The following information applies to the questions displayed below.) The following transactions apply to Hooper Co. for 2018, its first year of operations: 1. Issued $180,000 of common stock for cash. 2. Provided $96,000 of services on account. 3. Collected $82,000 cash from accounts receivable. 4. Loaned $13,000 to Mosby Co. on November 30, 2018. The note had a one-year term to maturity and a 6 percent interest rate. 5. Paid $40,000 of salaries expense for the year. 6. Paid a $4,000 dividend to the stockholders. 7. Recorded the accrued interest on December 31, 2018 (see item 4). 8. Estimated that 1 percent of service revenue will be uncollectible. Prepare the income statement, balance sheet, and statement of cash flows for 2018. Complete this question by entering your answers in the tabs below. Required information Cash flows from operating activities Inflow from customers Outflow for expenses Net cash flow from operating activities Cash flows from investing activities Net cash flows from investing activities Cash flows from financing activities Cash outflow for dividends Net cash flows from financing activities Net change in cash Plus: Beginning cash balance Ending cash balance Prey 5S