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VIULD DO THIS UNE core: 0 of 1 pt 1 of 2 (0 complete) 14-34A (book/static) The 2018 income statement and comparative balance sheet of

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VIULD DO THIS UNE core: 0 of 1 pt 1 of 2 (0 complete) 14-34A (book/static) The 2018 income statement and comparative balance sheet of Rolling Hills, Inc. follow (Click the icon to view the income statement.) Click the icon to view the comparative balance sheet.) (Click the icon to view the additional information) Read the requirements Complete the statement one section at a time, beginning with the cash flows from operating activities Rolling Hills, Inc. Statement of Cash Flows 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 Cash Provided by (Used for) Operating Activities Choose from any list or enter any number in the input fields and then click Check Answer. 5 parts remaining esc 1 of 2 (0 complete) Data Table Year Ended December 31, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit $ 440,000 209,200 230,800 $ 77,400 14,400 10,200 102,000 Operating Expenses: Salaries Expense Depreciation Expense Plant Assets Other Operating Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Revenue Interest Expense Total Other Income and (Expenses) Net Income Before Income Taxes 128,800 8,700 (21,100) (12,400) 116,400 20,000 Income Tax Expense Net Income $ 96,400 in clic Print Done Data Table December 31, 2018 and 2017 2018 2017 Assets Current Assets: Cash Accounts Receivable Merchandise Inventory Long-term Assets: Land 26,900 $ 26,500 79,800 15,700 25,400 91,500 Plant Assets 35,100 124,840 (18,940) 274,200 $ Accumulated Depreciation Plant Assets 14,000 114,650 (17,950) 243,300 Total Assets $ Liabilities Current Liabilities: Accounts Payable Accrued Liabilities Long-term Liabilities: 35,700 $ 28,700 30,400 30,300 70 000 100.000 Print Done Data Table Long-term Assets: Land Plant Assets 35,100 124,840 (18,940) 274,200 $ 14,000 114,650 (17,950) 243,300 Accumulated DepreciationPlant Assets $ Total Assets Liabilities Current Liabilities: Accounts Payable $ 35,700 $ 28,700 30,400 30,300 Accrued Liabilities Long-term Liabilities: 79,000 108,000 143,400 168,700 Notes Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 88,900 41,900 64,500 10,100 130.800 74,600 243,300 274,200 $ Print [Dono

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