Refer to the information for Lunarica Corporation below.
Information for Lunarica Corporation
Lunarica Corporation has the following comparative financial statements:

Dividends of $5,700 were paid. No equipment was purchased or retired during the current year.
Required:
Calculate operating cash flows using the direct method.

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Lunarica Corporation Comparative Balance Sheets At December 31, 2011 and 2012 2011 2012 Assets Cash Accounts receivable, net Inventory Plant and equipment Accumulated depreciation $ 16,500 27,000 36,000 18,000 60,000 (12,000 15,000 $118,500 $126,000 45,000 9,000 60,000 Total assets Liabilities and equity Accounts payable Common stock Retained earnings $ 19,200 $6,000 69,000 51,000 63,600 35,700 Total liabilities and equity Lunarica Corporation Income Statement For the Year Ended December 31, 2012 Sales Less: Cost of goods sold $99,000 (58,500] 40,500 19,500 21,000 Gross margin Less: Operating expenses Net income