During the fiscal year ended March 31, 2009, Fins & Feathers Pet Company engaged in the following transactions:

a. Collected $125,000 on accounts receivable

b. Paid interest of $5,000

c. Made cash sales of $225,000

d. Paid salaries of $45,000

e. Paid income taxes of $15,000

f. Recorded amortization expense of $35,000

g. Sold vehicle for cash of $12,000

h. Made payments to vendors of $85,200

i. Issued bonds for $375,000

j. Purchased new vehicle for cash of $37,000

k. Purchased land for cash of $350,000

l. Paid operating expenses of $29,800

Using the relevant transactions, prepare the cash from operating activities section of the statement of cash flows using the direct method.