The following financial statements were provided by Roberts Company:

At the end of 20X2, Roberts purchased some additional equipment for $20,000.

Required:
Calculate operating cash flows using the direct method.

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Assets Cash Roberts Company Balance Sheets At September 30, 20X1 and 20X2 20X1 Accounts receivable Inventory Plant and equipment Accumulated depreciation Total assets Liabilities and equity Accounts payable Wages payable Common stock Retained earnings Total liabilities and equity $ 23,000 7,600 20,800 40,000 (10,000) $ 81,400 $ 4,800 1,200 50,000 25,400 $ 81,400 20X2 $ 7,000 9,600 18,000 60,000 (16,000) $78,600 $ 3,200 800 50,000 24,600 $78,600