The following accounts and corresponding balances were drawn from Osprey
The following accounts and corresponding balances were drawn from Osprey Company’s 2014 and 2013 year-end balance sheets:


During the year, $84,000 of unearned revenue was recognized as having been earned. Rent expense for 2014 was $24,000.

Required
Based on this information alone, prepare the operating activities section of the statement of cash flows assuming the direct approach isused.
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