Determining Operating Cash Flows$-$Direct Method

Taser Corporation's recent comparative balance sheet and income statement follow.

Purchased a plant asset, $$60,000$; issued capital stock in full payment.

Purchased a long$-$term investment in equity securities for cash, $$20,000.$

Declared and paid cash dividend, $$20,000.$

Sold a plant asset for $$10,000$ cash $($cost$,$ $$36,000$; accumulated depreciation, $$32,000).$

Issued common stock, $1,000$ shares at $$11$ per share cash.

Prepare the operating activities section of the statement of cash flows, using the direct method.

Note: Use negative signs with amounts for cash outflows.