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The records of White Color Engraving reveal the following: (Click the icon to view the records.) Compute cash flows from operating activities by the indirect
The records of White Color Engraving reveal the following: (Click the icon to view the records.) Compute cash flows from operating activities by the indirect method for year ended December 31, 2018. (Use a minus sign or parentheses for amounts that result in a decrease in cash and to show net cash used for operating activities. If a box is not used in the table, leave the box emply do not select a label or enter a zero.) Data Table White Color Engraving Statement Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Income S 25,000 S 11,000 Sales revenue Loss on sale of land 48,000 5,000 Depreciation expense Decrease in current liabilities Increase in current assets other than cash 29,000 6,000 Acquisition of land 44.000 Print Done Net Cash Provided by (Used for) Operating Activities
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