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Question 4 Not complete Marked out of 3.33 P Flag question Statement of Cash Flows (Direct Method) Use the following information regarding the cash flows of Mason Corporation to prepare a statement of cash flows using the direct method: Cash balance, December 31 $30,000 Cash paid to employees and suppliers 370,000 Cash received from sale of land 100,000 Cash paid to acquire treasury stock 25,000 Cash balance, January 1 40,000 Cash received as interest 15,000 Cash paid as income taxes 27,500 Cash paid to purchase equipment 222,500 Cash received from customers 485,000 Cash received from issuing bonds payable 75,000 Cash paid as dividends 40,000 Business Course Return to course Support - Dashboard Cash paid as dividends 40,000 In each cash flow activity section, enter cash receipts before cash payments. When there are multiple receipts or multiple payments, enter the amounts in order of magnitude (largest to sma Mason Corporation Statement of Cash Flows For Year Ended December 31 Cash flows from operating activities Cash received as interest S 0 0 0 0 $ 0 C Cash flows from investing activities 0 . 0 0 Cash flows from financing activities . 0 0 0 Net change in cash Cash balance, January 1 Cash balance, December 31 0 Check