The income statement and additional data of Value Corporation follow: (Click the icon to view the Income Statement.) (Click the icon to view the additional data.) Prepare Value 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 emply; do not select a label or enter a zero.) X More info Complete the statement one section at a time, beginning with the cash flows from operating activities. Value Corporation Statement of Cash Flows Year Ended June 30, 2024 Cash Flows from Operating Activities: Receipts: a. C. e. Collections from customers are $13,000 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 $3,000 more than salaries expense. Cash payment for the acquisition of plant assets is $102,000. Cash receipts from sale of land total $29,000. Cash receipts from issuance of common stock total 538,000. Payment of long-term notes payable is $10,000. Payment of dividends is $9,000. Cash balance at June 30, 2023, was S21,000; at June 30, 2024, it was $43,000 1. Total Cash Receipts Payments: 9 h. i. j. Print Done Total Cash Payments Net Cash Provided by (Used for) Operating Activities 1 Data table The income statement and additional data of Value Corporation follow: (Click the icon to view the Income Statement.) (CI a decrease in cash. If a box is not used in the statement leave the box Prepare Value Corporation's statement of cash flows for the year ended emply; do not select a label or enter a zero.) Value Corporation Income Statement Year Ended June 30, 2024 Complete the statement one section at a time, beginning with the cash flo Net Sales Revenue S Value Corporation 233,000 104,000 Cost of Goods Sold Gross Profit 129,000 Statement of Cash Flows Year Ended June 30, 2024 Cash Flows from Operating Activities: Receipts: salos px expense equal their $ 48.000 s sold plus advertising 21,000 12.000 Operating Expenses: Salaries Expense Depreciation Expense Plant Assets Advertising Expense Total Operating Expenses Operating Income Other Income and (Expenses); Dividend Revenue aries expense. 81,000 S102.000 Total Cash Receipts 48,000 | 538,000 . Payments: 7.000 (2,500) une 30, 2024, it was Interest Expense 4,500 Total Other Income and (Expenses) Net Income Before Income Taxes 52,500 7.500 IRAAMA Tau EWAAN Total Cash Payments Net Cash Provided by (Used for) Operating Activities Trint Nam