Williamsburg Company uses the direct method to prepare its stomentofcatlows. Refer to the following financial statement information for the your enting De 11.2010 Williamsburg Company Comparative Balance Sheet December 31, 2018 and 2017 Increase 2018 2017 (Decrease Cash AFD 3.0d AED 13 000 ALD 20,00 Accounts Receivable 29.000 16.00 (7000 Merchandise Inventory 56.0d 29.000 27,000 Plant and Equipment, net 1200 92.000 34.000 Total Assets AED 224.000 AED 170.000 AED24.000 Accounts Payable Acred Liabilities Long-term Notes Payable Total Liabilities AED 9.000 7.000 70,000 ADOO AID 1000 AED 400 3.00 4,000 29000 097000 AED 93.000 MA 000 Common Stock Retained Earnings Treasury Stock Total Stockholders' quity AED 55.000 AED 0 ARD 11.00 7.000 17.00 0722.000 0001 6000 ALDX2000 AFR751000 ALDO Total Liabilities and Stockholders' Equity AED 2400 AED 120,000 AED 24 m AED 298,300 Williamsburg Company Income Statement Year Ended December 31, 2018 Sales Revenue AED 291,300 Interest Revenue 1,000 Gain on Sale of Plant Assets 6,000 Total Revenues and Gains Cost of Goods Sold 145,000 Salaries and Wages Expense 49,000 Depreciation Expense Plant Assets 16,000 Other Operating Expenses 25,000 Interest Expense 3,500 7,800 Income Tax Expense Total Expenses Net Income 246,300 AED 52.000 Additional information provided by the company includes the following: Equipment costing AED 60,000 was purchased for cash. Equipment with a net asset value of AED 10,000 was sold for AED 16,000. During 2018, the company repaid AED 43,000 of long-term notes payable. During 2018, the company borrowed AED 34,000 on a new note payable. There were no stock retirements during the year. There were no sales of Treasury Stock during the year. Prepare a complete statement of cash flows using the direct method. Accrued Liabilities relate to other operating expenses. Indicate Cash Outflow with parantheses (xxx). A. Collections from customers (3 Pts ea) B. Total Receipts from Operations (2 Pts ea) C. Total Payments to Suppliers (5 Pts ea) D. Total Payments from Operations (5 Pts ea) E. Net Cash from Operating Activities (5 Pts ea) (5 Pts ca) F. Net Cash from Investing Activities (5 Pts ea) G. Net Cash from Financing Activities (5 Pts ea) H. Ending Cash Balance 31 December 2018