Maryland Golf Club Inc, has assembled the following data for the year ended September 30, 2018 (Click the icon to view the data) Prepare Maryland Golf Club's statement of cash flows for the year ended September 30, 2018. The company uses the direct method for operating cash flows Start by completing the cash flows from operating activities section Then complete each section of the statement of cash flows (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash) Maryland Golf Club, Inc. Statement of Cash Flows (Direct Method) Year Ended September 30, 2018 Cash flows from operating activities: Collections from customers $ 192,000 Cash payments Payments to suppliers Payments to employees Payment of income tax Total cash payments $ 5,000 Net cash provided by (used for) operating activities 4,000 Cost of goods sold Payments to suppliers Purchase of equipment with cash Payments to employees. Payment of note payable Proceeds from sale of land Depreciation expense $ 101,000 Payment of dividends. 108,000 Proceeds from issuance 25,000 of common stock 71,000 Sales revenue 26,000 Collections from customers 61,000 Payment of income tax 4,000 Purchase of treasury stock 23,000 225,000 192,000 8,000 5,200