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The accounting records for Dishton Diamond, Inc., for the year ended November 30, 2018, contain the following information: Click the icon to view the information)

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The accounting records for Dishton Diamond, Inc., for the year ended November 30, 2018, contain the following information: Click the icon to view the information) Requirement 1. Prepare Dishton Diamond, Inc.'s statement of cash flows for the year ended November 30, 2018. Use the direct method for cash flows from operating activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted.) Dishton Diamond, Inc. Statement of Cash Flows Year Ended November 30, 2018 Cash flows from operating activities: Receipts: Total cash receipts Payments: Total cash payments Net cash provided by (used for operating activities More info a. Purchase of fixed assets for cash, $55,400 b. Proceeds from issuance of common stock, $50,000 c. Payment of dividends, $44,400 d. Collection of interest, $4,000 e. Payment of salaries, $96,000 f. Proceeds from sale of fixed assets, $30,000 g. Collections from customers, $625,000 h. Cash receipt of dividend revenue, $4,200 i. Payments to suppliers, $371,300 j. Depreciation expense, $60,000 k. Proceeds from issuance of long-term notes, $22,300 I. Payments of long-term notes payable, $39,000 m. Interest expense and payments, $14,500 Income tax expense and payments, $37,000 o. Cash balances: November 30, 2017, $39,400; November 30, 2018, $117,300 n

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