$16A-12 Preparing operating activities using the direct method Amy's Learning Center has assembled the following data for the year ended June 30, 2018: Payments to suppliers $ 115,000 Cash payment for purchase of equipment 39,000 Payments to employees 66,000 Payment of notes payable 34,000 Payment of dividends 7,500 Cash receipt from issuance of stock 22,000 Collections from customers 188,000 Cash receipt from sale of land 58,000 Cash balance, June 30, 2017 41,000 Prepare the operating activities section of the business's statement of cash flows for the year ended June 30, 2018, using the direct method. Le Ap