Requirements 1. Compute cash flows from operating activities using the direct method. 2. Evaluate the operating cash flow of The Fenceman, Inc. Give the reason(s) for your evaluation. Cash flows from operating activities: Receipts Data Table Total cash receipts Payments: S 18,000 Payment of salaries and wages S 31,000 12,000 20,000 11,000 Net income Payment of income tax 5,000 Depreciation expense 6,000 Payment of interest 76,000 Payment of dividends Payment to suppliers Collections from customers 114,000 Total cash payments Net cash provided by (used for) operating activities Print Done Choose from any list or enter any number in the input fields and then continue to the next