The income statement and additional data of Four Seasons Corporation follow: (Click the icon to view the Income Statement.) (Click the icon to view the additional data.) Prepare Four Seasons Corporation's statement of cash flows for the year ended June 30, 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.) Complete the statement one section at a time, beginning with the cash flows from operating activities. Four Seasons Corporation Statement of Cash Flows Year Ended June 30, 2024 Cash Flows from Operating Activities: Receipts: Collections from Customers Dividends Received on Investments Total Cash Receipts Payments: To Suppliers To Employees For Income Tax For Interest Total Cash Payments Net Cash Provided by (Used for) Operating Activities a. b. c. d. e. Collections from customers are $15,000 more than sales. Dividend revenue, interest expense, and income tax expense equal their cash amounts. Payments to suppliers are the sum of cost of goods sold plus advertising expense. Payments to employees are $2,500 more than salaries expense. Cash payment for the acquisition of plant assets is $110,000. Cash receipts from sale of land total $22,000. Cash receipts from issuance of common stock total $37,000. Payment of long-term notes payable is $19,000. Payment of dividends is $9,500. Cash balance at June 30, 2023, was $28,000; at June 30, 2024, it was $25,000. f. g. h. i. j. Year Ended June 30, 2024 Net Sales Revenue $ 227,000 105,000 Cost of Goods Sold Gross Profit 122,000 Operating Expenses: Salaries Expense $ 44,000 Depreciation ExpensePlant Assets 29,000 13,500 Advertising Expense Total Operating Expenses 86,500 Operating Income 35,500 Other Income and (Expenses): Dividend Revenue 11,000 (1,500) Interest Expense Total Other Income and (Expenses) 9,500 Net Income Before Income Taxes 45,000 Income Tax Expense 10,000 $ 35,000 Net Income