Compute cash flow from operating activities-direct method E12-13 The 2017 accounting records of Megan Transport reveal these transactions a events. 53.000 16,000 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 LO 4), AP s 10,000 Payment of salaries and wages 48,000 Depreciation expense 18,000 Proceeds from sale of vehicles 12,000 Purchase of equipment for cash 38,000 97,000 74,000 Payment of operating expenses 812,000 22,000 3,000 14,000 28,000 Loss on sale of vehicles Payment of dividends 195,000 Instructions Prepare the cash flows from operating activities section using the direct method