Exercise $12-4$A $($Algo$)$ Use the direct method to determine cash flows from operating activities LO $12-2$

The following accounts and corresponding balances were drawn from Avia Company's Year $2$ and Year $1$ year$-$end balance sheets:

During the year, $$73,000$ of unearned revenue was recognized as having been earned. Rent expense for Year $2$ was $$20,000.$

Required

Based on this information alone, prepare the operating activities section of the statement of cash flows assuming the direct approach

is used.

Note: Amounts to be deducted should be indicated with a minus sign.