Exercise 17-13 Your answer is partially correct. Try again. The 2020 accounting records of Blocker Transport reveal these transactions and events. Payment of interest Cash sales Receipt of dividend revenue Payment of income taxes Net income Payment of accounts payable for merchandise Payment for land $10,100 Collection of accounts receivable 49,900 Payment of salaries and wages 18,400 Depreciation expense 15,100 Proceeds from sale of vehicles 38,100 Purchase of equipment for cash Loss on sale of vehicles 115,800 Payment of dividends 74,300 Payment of operating expenses $189,900 56,200 15,400 12,200 21,200 2,300 13,100 28,000 Prepare the cash flows from operating activities section using the direct method. (Not all of the Blocker Transport Statement of Cash Flows Direct Method For the Year Ended December 31, 2020 Cash Flows from Operating Activities Cash receipts from Customers 189900 Net Income 38100 Less cash payments: To Suppliers for Merchandise 228000 Search 115800 Cash receipts from Customers 189900 Net Income 38100 228000 Less cash payments: To Suppliers for Merchandise 115800 For Salaries and Wages 56200 For Operating Expenses 28000 For Income Taxes For Interest 15100 10100 Net Cash Provided by Operating Activities 225200 Click if you would like to Show Work for this question: Open Show Work! 2800 LINK TO TEXT to search