The following is accounting information taken from Woodrail Company's adjusted trial balance for 2016:

In addition, the following changes occurred in selected accounts during 2016:

Required:
Using the direct method, prepare the cash flows from operating activities section of the 2016 statement of cash flows for woodrail.

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Debit Credit $75,000 Sales Interest Revenue Cost of Goods Sold Salanes Expense Interes Expense Income Tax Expense 4,300 $43,600 13,600 5,400 3,000 Accounts Receivable Inventory Accounts Payable Salaries Payable Interest Payable $5,700 credit 9,800 debit 7,000 credi 900 debit 300 credit