Use the data in SE12-14 to prepare Mulberry Golf Club, Inc.'s, statement of cash flows for the year ended September 30, 2016. The company uses the direct method for operating cash flows.
In SE12-14

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7,500 $107,000 111,000 43,000 74,000 23,000 Proceeds from sale of land....62,000 5,000 Payment of dividends Proceeds from issuance Payments to suppliers. Purchase of equipment with cash. Payments to en aab,000 Purchase of Payment of note payable 17,000 217,000 Collections from customers.. 202,000 Payment of income tax15,000 5,500 of common stock . Sales revenue. Depreciation expense Purchase of treasury stock....