The 2022 accounting records of Crane Transport provide the following information. Payment of interest Cash sales...

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The 2022 accounting records of Crane Transport provide the following information. Payment of interest Cash sales Receipt of dividend revenue Payment of income taxes Net income Payment for merchandise Payment for land Collection of accounts receivable Cash receipts from $10,400 49,000 cash payments: 17,300 16,100 37,600 97,100 74,100 197,000 Prepare the cash flows from operating activities section using the direct method. CRANE Transport Statement of Cash Flows-Direct Method > < > Payment of salaries and wages Depreciation expense Proceeds from sale of vehicles < Purchase of equipment for cash Loss on sale of vehicles Payment of dividends Payment of operating expenses $ $ $ $57,600 15,700 811,300 22,300 2,100 13,300 27,700 The 2022 accounting records of Crane Transport provide the following information. Payment of interest Cash sales Receipt of dividend revenue Payment of income taxes Net income Payment for merchandise Payment for land Collection of accounts receivable Cash receipts from $10,400 49,000 cash payments: 17,300 16,100 37,600 97,100 74,100 197,000 Prepare the cash flows from operating activities section using the direct method. CRANE Transport Statement of Cash Flows-Direct Method > < > Payment of salaries and wages Depreciation expense Proceeds from sale of vehicles < Purchase of equipment for cash Loss on sale of vehicles Payment of dividends Payment of operating expenses $ $ $ $57,600 15,700 811,300 22,300 2,100 13,300 27,700

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