Edwards Corporation Inc. accountants have assembled the following data for the year ended June 30, 2020:

Prepare the operating activities section of Edwards's statement of cash flows for the year ended June 30, 2020. Edwards uses the indirect method for operating cash flows.

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Payment of dividends- Proceeds from issuance of common shares Sales revenue... Increase in operating current assets other than cash Repurchase of common shares..........er Cost of goods sold $ 6,000 Other operating expenses. Purchase of equipment. $35,000 40,000 20,000 Decrease in operating current 224,000 liabilities.... 5,000 Payment of note payable. 30,000 30,000 Proceeds from sale of land 60,000 5,000 Depreciation expense. 8,000 100.000