Small Island, Inc. began 2024 with cash of $70,000. During the year, Small Island earned revenue of $240,000 and collected $150,000 from customers. Expenses for the year totaled $155,000, of which Small Island paid $55,000 in cash to suppliers and $85,000 in cash to employees. The company received $1,800 cash for interest revenue and paid $13,000 for income taxes. Small Island also paid $40,000 to purchase equipment and a cash dividend of $20,000 to its stockholders during 2024. Prepare the company's operating activities section of the statement of cash flows for the year ended December 31, 2024. Use the direct method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Small Island, Inc. Statement of Cash Flows (Partial) Year Ended December 31 Cash Flows from Operating Activities: Receipts: Total Cash Receipts Payments: Total Cash Payments Net Cash Provided by (Used for) Operating Activities