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Middleton Golf Club Inc, has assembled the following data for the year ended September 30, 2018 Click the icon to view the data) Prepare Middleton
Middleton Golf Club Inc, has assembled the following data for the year ended September 30, 2018 Click the icon to view the data) Prepare Middleton 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) Middleton Golf Club, Inc. Statement of Cash Flows (Direct Method) Year Ended September 30, 2018 Cash flows from operating activities: Cash payments Total cash payments Net cash provided by used for operating activities 0 Data Table - X S 8,500 Cost of goods sold Payments to suppliers Purchase of equipment with cash Payments to employees Payment of note payable Proceeds from sale of land 19,000 $ 102,000 Payment of dividends 112,000 Proceeds from issuance 35,000 of common stock 72.000 Sales revenue 17.000 Collections from customers 45.000 Payment of income tax 10,000 Purchase of treasury stock 211,000 204,000 12,000 Depreciation expense 5.900
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