Preparing the statement of cash flows-direct method KSG, Inc., accountants have developed the following data from the company's records for the year ended June 30, 2012: Purchase of plant assets, $57,400. Cash receipt from issuance of notes payable, $48,100. payments of notes payable, $45,000. Cash receipt from sale of plant assets, $23,500. Cash receipt of dividends, $4,300. payments to suppliers, $371,300. Interest expense and payments, $ 13,500. Payments of salaries, $92,000. Income tax expense and payments, $38,000. Depreciation expense, $56,000. Collections from customers, $607,000. Payment of cash dividends, $45,400. Cash receipt from issuance of common stock, $65,900. Cash balance: June 30, 2011, $39, 300; June 30, 2012, $125,500. Prepare KSG' s statement of cash flows for the year ended June 30, 2012. Use the direct method for cash flows from operating activities