The income statement and additional data of Consolidated Services, Inc., follow (Click the icon to view the income statement.) (Click the icon to view the additional data) Requirement 1. Prepare Consolidated Services' statement of cash flows for the year ended November 30, 2018. Use the direct method 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.) Consolidated Services, Inc. Statement of Cash Flows Year Ended November 30, 2018 Cash flows from operating activities: Receipts Total cash receipts Choose from any list or enter any number in the input fields and then click Check Answer 3 parts remaining Clear All The income statement and additional data of Consolidated Services, Inc., follow: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Requirement 1. Prepare Consolidated Services' statement of cash flows for the year ended November 30, 2018. Use the Total cash receipts Payments: Total cash payments Net cash provided by (used for) operating activities Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts remaining Clear A Data Table Consolidated Services, Inc. Income Statement Year Ended November 30, 2018 Revenues: Sales revenue 304,000 Dividend revenue 11,000 Total revenues $ 315,000 Expenses: Cost of goods sold $ 103,000 Salaries expense 55,000 Depreciation expense 28,000 hs Advertising expense 16,000 elds and Print Done fi Data Table JAIUS TEVEN 304,000 11,000 $ 315,000 Dividend revenue Total revenues Expenses: Cost of goods sold Salaries expense Depreciation expense Advertising expense Interest expense 103,000 55,000 28,000 16,000 6,000 9,000 Income tax expense Total expenses 217,000 Net income 98,000 is and Print Done More Info $ a. Collections from customers are $5,000 more than sales. b. Payments to suppliers are $3,000 more than the sum of cost of goods sold plus advertising expense. c. Payments to employees are $15,000 more than salaries expense. d. Dividend revenue, interest expense, and income tax expense equal their cash amounts. e. Acquisition of fixed assets for cash is $103,000. f. Proceeds from sale of land total $22,000. g. Proceeds from issuance of common stock for cash total $50,000. h. Payment of long-term note payable is $9,000. i. Payment of dividends is $11,000. j. Cash balance, November 30, 2017, was $23,000. Print Done es