Exercise $12-6$A $($Algo$)$ Direct versus indirect method of determining cash flows from operating activities LO $12-1,12-2$

Expert Electronics, Incorporated $($EEI$)$ recognized $$9,200$ of sales revenue on account and collected $$5,700$ of cash from accounts receivable. Further, EEl recognized $$4,500$ of operating expenses on account and paid $$2,500$ cash as partial settlement of accounts payable.

Required

Based on this information alone:

a$.$ Prepare the operating activities section of the statement of cash flows under the direct method.

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

$\backslash$table$[[$Operating Activities $-$ Direct Method,,$],[$Cash flows from operating activities:,,$],[$F$,,],[5,,],[,,],[$Net cash flow from operating activities,$$,0]]$