Question: Year Ended September 30, 2018 om s fro Data table ment ents ents $ 6,500 $ 106,000 Payment of dividends 113,000 Proceeds from issuance nt


Year Ended September 30, 2018 om s fro Data table ment ents ents $ 6,500 $ 106,000 Payment of dividends 113,000 Proceeds from issuance nt o Cost of goods sold Payments to suppliers Purchase of equipment with cash Payments to employees Payment of note payable 42,000 of common stock 22,000 al ca 79,000 Sales revenue 226,000 shpr 23,000 Collections from customers 208,000 om Proceeds from sale of land 47,000 Payment of income tax 17,000 Depreciation expense 9,000 Purchase of treasury stock 5,700 of ind sh pr Print Done Middleburg Golf Club, Inc., has assembled the following data for the year ended September 30, 2018: (Click the icon to view the data.) Prepare Middleburg Golf Club's statement of cash flows for the year ended September 30, 2018. The company uses the direct method for operating cash flows. . Start by completing the cash flows from operating activities section. Then complete each section of the statement of cash flows. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Middleburg Golf Club, Inc. Statement of Cash Flows (Direct Method) Year Ended September 30, 2018 Cash flows from operating activities: Collections from customers $ 208,000 $ Cash payments: Payments to suppliers Payments to employees Payment of income tax (113,000) (79,000) (17,000) Total cash payments (209,000) $ (1,000) Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities
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