The income statement and additional data of McKnight Corporation? follow: (Prepare the entire Statement of Cash Flows)

The incoma statement and additional data of McKnight Corporation follow EEf (Click the icon to view the Income Statement 0 (Click the icon to view the additional data ) Prepara McKnight Corporation's statement of cash flows for the year ended June 30, 2016. Use tha direct method. (Usa parantheses or a minus sign for numbers to be subtracted. If a box is not used in the statement leave the box empty; do not select a label or enter a zaro.) Statement of Cash Flows More Into X: 6 Data Table Year Ended June 30, 2016 Cash Flows from Operating Aclivilies Receipls Collections from customers are $13,000 more than sales 243,000 11,000 McKnight Corporation Income Statement Year Ended June 30, 2016 Collections from Customers b. Dividend revenue, interest expense, and income tax expense equal their C. Payrments to suppliers are the sum al cosl af goads sold plus advertising Payments ta emplayees are $2,500 more than salaries expense Dividends Recelved on Investments cash amaunts expanse6 S 230,000 102,000 128,000 Sales Revenue 5 254,000 d. e. Cash payment for the acquisition of plant assets is $100.000 f. Cash recelpts from sale of land total $24,000 g. Cash receipts from issuance of common stock total 338,000 h. Payment of long-term notes payable is $10,000 i. Payment of dividends is S8 DOD j. Cash balance at June 30, 2015, was $25,000 at June 30, 2016, it was Total Cash Receipts Cost of Goods Solkd Payments Gross Profit To Supplers To Employees For Interest For Income Tax 113,500) (42,500) (1,000) 7,000) Operating Expenses: Salarles Expense S 40.000 26.000 11,500 t Assets $59,000 Advertising Expense Total Operating Expenses 77,500 64 000 Total Cash Payments Print Done Operating Income Other Revenues and (Expenses) 50,500 90,000 Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities Dividend Revenue Interest Expense Total Othar Ravenues and (Expenses) 11,000 (1,000 Net Income Before Income Taxes Income Tax Expense Net Income 10,000 60,500 7,000 S 53,500 Net Cash Provided by (Used for) Investing Actvities Choose trom any list or enter any number in the input fields and then click Check