Milford Spas provides the following data for the year just ended on December 31. (Click the icon to view the data.) Requirement Prepare the operating activities section of Milford Spas' statement of cash rows for the year just ended, using the direct method for operating cash flow (Une parentheses or a minua wign for numbers to be subtracted) Milford Spas Statement of Cash Flows Operating Activities Section (Direct Method) For the Year Ended December 31 Operating Activities: Milford Spas provides the following data for the year just ended on December 31. (Click the icon to view the data.) Requirement Prepare the operating activities section of Milford Spas' statement of cash flows for the year just ended, using numbers to be subtracted.) Net cash provided by (used for) operating activities $ ** ... $ $ $ Payment of long-term note payable ....... Depreciation expense.. Purchase of equipment with cash Purchase of treasury stock. Gain on sale of land Cost of goods sold Proceeds from issuance of common stock Beginning balance, cash, 5,000 Payments to employees... 4,300 Proceeds from sale of land. 9,500 Payment of dividends 11,500 Payments to suppliers... 1.700 Increase in salaries payable 114,000 Payment of income tax 10,000 Collections from customers. 14,500 Sales revenue. $ 65,500 $ 40,500 $ 13,000 $ 62,000 $ 11,000 10,500 148,000 $ $ $ $ $ 166,000