Medway Golf Club, Inc. has assembled the following data for the year ended September 30, 2018 (Click the icon to view the data) Prepare Medway Golf Club's statement of cash flows for the year ended September 30, 2018. The company ites 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 nel decrease in cash) Medway Golf Club, Inc. Statement of Cash Flows (Direct Method) Year Ended September 30, 2018 Cash flows from operating activities Collections from customers $ 203,000 Cash payments: Payments to suppliers $ (111,000) Payments to employees (74.000) 19.000) Payment of income tax Total cash payments (194,000) Choose from any list or enter any number in the input fields and then click Check Answer. Medway Golf Club, Inc., has assembled the following data for the year ended September 30, 2018: (Click the icon to view the data.) Prepare Medway Golf Club's statement of cash flows for the year ended September 30, 2018. The company uses the direct method for operating cash flows. Cash flows from operating activities: Collections from customers 203,000 Cash payments: Payments to suppliers $ (111,000) Payments to employees (74,000) Payment of income tax (9,000) Total cash payments (194,000) $ Net cash provided by (used for) operating activities 9,000 Cash flows from investing activities: Proceeds from sale of land 203000 Purchase of equipment 111000 Net cash provided by (used for) investing activities 92000 S11-14 (similar to) Medway Golf Club, Inc., has assembled the following data for the year ended September 30, 2018: (Click the icon to view the data.) Prepare Medway Golf Club's statement of cash flows for the year ended September 30, 2018. The company uses the direct 203,000 Collections from customers Payment of dividends Payment of income tax Payment of note payable Payments to employees Payments to suppliers Proceeds from issuance of stock Proceeds from sale of land Purchase of equipment Purchase of treasury stock (111,000) (74,000) (9,000) (194,000) $ 9,000 Net cash provided by (used for) investing activities Choose from any list or enter any number in the input fields and then click Check Answer. 3 of 3 (3 complete) HW Scc to) ssembled the following data for the year ended September 30, 2018: data.) atemen Data Table 1 activiti ers . $ 7,500 5 es Cost of goods sold Payments to suppliers. Purchase of equipment with cash Payments to employees Payment of note payable.. + ++. X $ 103,000 Payment of dividends 111,000 Proceeds from issuance 34,000 of common stock 74,000 Sales revenue 30,000 Collections from customers 65,000 Payment of income tax 13,000 Purchase of treasury stock Is ++ 18,000 215,000 203,000 9,000 5,500 used fl Proceeds from sale of land LL ctiviti Depreciation expense . Print Done used f any number in the input fields and then click Check