i More Info 5 for ng wd. Sub api of Aph. a. Purchase of fixed assets for cash, $55,400 b. Proceeds from issuance of common stock, $60,000 Payment of dividends, $46,400 Collection of interest, $8,500 Payment of salaries, $88,000 Proceeds from sale of fixed assets, $23,500 Collections from customers, $609,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $62,000 Proceeds from issuance of long-term notes, $48,100 Payments of long-term notes payable, $44,000 m. Interest expense and payments, $14,000 ut fi Print Done 3 of 3 (0 complete) * More Info c. Payment of dividends, $46,400 d. Collection of interest, $8,500 e. Payment of salaries, $88,000 Proceeds from sale of fixed assets, $23,500 g. Collections from customers, $609,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $62,000 Proceeds from issuance of long-term notes, $48, 100 1. Payments of long-term notes payable, $44,000 m. Interest expense and payments, $14,000 n. Income tax expense and payments, $39,000 o. Cash balances: April 30, 2017, $40,000, April 30, 2018, $138,400 Print Done The accounting records for Lee Lapiz, Inc., for the year ended April 30, 2018, contain the following information Click the icon to view the information) Requirement 1. Prepare Lee Lapiz, Inc's statement of cash flows for the year ended April 30, 2018. Use the direct method for cash flows from operating activities Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses of a minus sign for numbers to be subtracted.) Lee Lapiz, Inc. Statement of Cash Flows Year Ended April 30, 2018 Cash flows from operating activities: Receipts: Choose from any list or enter any number in the input fields and then continue to the next question. his Question: 1 pt 3 of 3 (0 complete) The accounting records for Lee Lapiz, Inc., for the year ended April 30, 2018, contain the following information: (Click the icon to view the information.) Requirement 1. Prepare Lee Lapiz, Inc.'s statement of cash flows for the year ended April 30, 2018. Use the direct method Total cash receipts Payments: Total cash payments Choose from any list or enter any number in the input fields and then continue to the next question. The accounting records for Lee Lapiz, Inc., for the year ended April 30, 2018, contain the following information i (Click the icon to view the information.) Requirement 1. Prepare Lee Lapiz, Inc.'s statement of cash flows for the year ended April 30, 2018. Use the direct method Total cash payments Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Choose from any list or enter any number in the input fields and then continue to the next question. The accounting records for Lee Lapiz, Inc., for the year ended April 30, 2018, contain the following information (Click the icon to view the information.) Requirement 1. Prepare Lee Lapiz, Inc.'s statement of cash flows for the year ended April 30, 2018. Use the direct method Lasn Tows Trom Tinancing acuvities: Net cash provided by (used for) financing activities Net increase (decrease) in cash: Cash balance, April 30, 2017 Cash balance, April 30, 2018 III III TITI II II TII TII III II ITFITI NI III III II II III los field and then