Applebrook Spes provides the following data for the year just ended December 31 (Click the icon to view the data) Requirement Prepare the operating activities section of Applebrook Spas statement of shows for the year just ended using the direct method for operating cash flows. (Use parentheses or a minus sign for numbers to be subtracted) Applebrook Spas Statement of Cash Flows Operating Activities Section Direct Method For the Year Ended December 31 Operating Activities Data Table Neth provided by used for operating activities Payment of long-term rote payable .......$ Depreciation expense ........ Purchase of equipment with cash $ Purchase of treasury stock. $ Gain on sale of land Coat of goods old............ $ Proceeds from a common stock... Behance 4.500 Payments to employees..............64000 4,700 Proceeds from sale of land.......... $40.000 7.500 Payment n d $ 13,000 11,000 Payment to ... 1300 increase in spate 16000 Payment 90.000 Colections from customers 140