please help, i have a terrible migraine and need to understand all parts of this for an upcoming quiz

The comparative balance sheets of Lesley Leary Design Studio, Inc., at June 30,2021 , and 2020 , and transaction data for fiscal 2021, are as follows: (Click the icon to view the comparative balance sheet.) transaction data.) (i) (Click the icon to view the Read the requirements. Requirement 1. Prepare the statement of cash flows of Lesley Leary Design Studio for the year ended June 30,2021 , using the indirect method to report operating activities. Also prepare the accompanying schedule of noncash investing and financing activities. All current account changes except for the short-term Notes Payable changes result from operating transactions. Start by completing the cash flows from operating activities using the indirect method. Then complete the statement of cash flows. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Data table Data table The comparative balance sheets of Lesley Leary Design Studio, Inc., at June 30 More info Transaction data for the year ended June 30,2021 , follows: a. Net income, $74,000 b. Depreciation expense on equipment, $14,000 c. Purchased a long-term investment with cash, $13,800 d. Sold land for $70,300, including a $6,400 loss e. Acquired equipment by issuing a long-term note payable, $15,300 f. Paid off a long-term note payable, $61,200 g. Received cash for the issuance of common stock, $6,700 h. Paid cash dividends, $7,200 i. Paid off a short-term note payable by issuing common stock, $11,500 The comparative balance sheets of Lesley Leary Design Studio, Inc., at June 30,2021 , and 2020 , and 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: Net cash provided by (used for) financing activities Net increase (decrease) in cash Noncash investing and fmancing activities: Total noncash investing and financing activities Requirement 2. Prepare a supplementary schedule showing cash flows from operations by the direct method. The accounting records provide the following: collections from customers, $264,100; interest received, $1,200; payments to suppliers, $197,900; payments to employees, $35,500; payments for income tax, $13,300; and payment of interest, $5,600. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Lesley Leary Design Studio, Inc. Partial Statement of Cash Flows (Direct Method) Year Ended June 30, 2021 Cash flows from operating activities: Receipts: Total cash receipts Payments: Total cash payments Net cash provided by (used for) operating activities