Preparing a Statement of Cash Flows (Direct Method) Use the following information about the annual cash flows of Mason Corporation to prepare a statement of cash flows under the direct method. Cash receipts or payments within each section can be listed in any order. TIP: Refer to Exhibit 4.3 for the appropriate format. Mason Corporation Statement of Cash Flows For the Year Cash Flows from Operating Activities Cash received as interest Cash received from customers Cash received from issuing bonds payable Cash received from sale of land Cash paid as dividends Cash paid as income taxes Cash paid to acquire treasury stock Cash paid to employees and suppliers Cash paid to purchase equipment Net cash provided by operating activities Net cash provided by investing activities Net cash provided by financing activities Net cash used for operating activities Net cash used for investing activities Net cash used for financing activities Net change in cash Cash balance, end of year Cash balance, beginning of year