The accounting records of McKnight Parts reveal the following: (Click the icon to view the accounting records.) Compute cash flows from operating activities using the direct method for the year ended December 31, 2018. (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.) i Data Table - X McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: $ $ 23,000 Payment of salaries and wages Depreciation expense Payment of interest Payment of dividends Collections from customers 36,000 13,000 14,000 5,500 110.000 Net income Payment of income tax Collection of dividend revenue Payment to suppliers 15,000 5,500 52,000 Total Cash Receipts Payments: Print Done Total Cash Payments Net Cash Provided by (Used for) Operating Activities McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers Net Cash Provided by (Used for) Operating Activities McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: Total Cash Receipts Payments: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: Total Cash Receipts Payments: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: Total Cash Receipts Payments: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities Receipts: Total Cash Receipts Payments: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers McKnight Parts Statement of Cash Flows (Partial) Year Ended December 31, 2018 Cash Flows from Operating Activities: Receipts: Total Cash Receipts Payments: Cash Payment of Dividends Collections From Customers Depreciation Expense Dividends Received on Investments For Income Tax For Interest Increase in Accounts Payable Increase in Accounts Receivable Increase in Net Income To Employees To Suppliers Chou roury UI CILI Only H umput lields and then continue to the next