Chocolate, Inc. began 2018 with cash of $60,000. During the year, Chocolate earned revenue of $594,000 and collected $616,000 from customers. Expenses for the year totaled $444,000, of which Chocolate paid $227,000 in cash to suppliers and $207,000 in cash to employees. Chocolate also paid $145,000 to purchase equipment and a cash dividend of $54,000 to its stockholders during 2018. Prepare the company's statement of cash flows for the year ended December 31, 2018. Format operating activities by the direct method. Question content area bottom Part 1 Complete the statement one section at a time, beginning with the cash flows from operating activities

Use a minus sign or parentheses for amounts that result in a decrease in cash.) If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.)

estion 6, S16A-11 (similar to) Part 1 of 4 Cash Payment for Purchase of Equipment Cash Receipt from Issuance of Stock CH Cash Receipt from Sale of Land pa for Collections from Customers . Chocolate earned revenue of $5 $227,000 in cash to suppliers and 1,000 to its stockholders during 201 >s by the direct method. Increase in Accounts Payable c Increase in Accounts Receivable th: Payment of Dividends cash flows from operating activities ment, leave the box empty: do not s Payment of Note Payable Payments to Employees Payments to Suppliers Total Cash Receipts Payments Total Cash Payments Not Cash Provided by (Used for) Operating Activities Help me solve the