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Ch. 4 Brief Exercises i Saved 5 Brief Exercise 4-11 Statement of cash flows; direct method [L04-8] The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC) 10 points Skipped Cash received from: Customers Interest on note receivable Collection of note receivable Sale of land Issuance of common stock $840,000 30,000 280,000 58,000 380,000 eBook Cash paid for Interest on note payable Purchase of equipment Operating expenses Dividends to shareholders 36,000 210,000 530,000 48,000 Print ReferencesPrepare the cash flows from operating activities section of HHC's statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities: Net cash flows from operating activities