Edwards Corporation Inc. accountants have assembled the following data for the year ended June 30, 2017:

Prepare the operating activities section of Edwards's statement of cash flows for the year ended June 30, 2017. Edwards uses the indirect method for operating cash flows?

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Payment of dividends Proceeds from issuance S 6,000 Other operating expenses.. Purchase of equipment 35,000 40,000 of common shares Sales Increase in operating c 20,000 Decrease in operating current 224,000 abilities 5,000 30,000 60,000 8,000 revenue Payment of note payable Proceeds from sale of land assets other than cash... Repurchase of common sha Cost of goods sold 30,000 5,000 Depreciation expense $100,000