Using the information below, prepare statement of cash flows using DIRECT method

\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ Lyon Company } \\ \hline \multicolumn{3}{|c|}{ Comparative Balance Sheet } \\ \hline & 12/31/2011 & 12/31/2010 \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline Cash & 23,000 & 10,000 \\ \hline Accounts Receivable & 18,000 & 14,000 \\ \hline Inventory & 27,000 & 18,000 \\ \hline Prepaid Rent & 6,000 & 9,000 \\ \hline Long term investments & - & 18,000 \\ \hline Equipment & 60,000 & 32,000 \\ \hline Accumulated depreciation-equipment & (18,000) & (14,000) \\ \hline Total assets & 116,000 & 87,000 \\ \hline \multicolumn{3}{|c|}{ Liabilities and Stockholders' Equity } \\ \hline Accounts payable & 17,000 & 7,000 \\ \hline Bonds payable & 37,000 & 47,000 \\ \hline Common Stock & 40,000 & 23,000 \\ \hline Retained Earning & 22,000 & 10,000 \\ \hline Total liabilities and stockholders' equity & 116,000 & 87,000 \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Lyon Company } \\ \hline \multicolumn{3}{|l|}{ Income Statement } \\ \hline \multicolumn{3}{|c|}{ For the Year Ended December 31, 2011} \\ \hline Sales & & 120,000 \\ \hline \multicolumn{3}{|l|}{ Expenses: } \\ \hline Cost of Good Sold & 50,000 & \\ \hline Depreciation Expense & 4,000 & \\ \hline Income Tax Expense & 15,000 & \\ \hline Interest Expense & 2,000 & \\ \hline Loss on sale of investments & 2,000 & \\ \hline Rent Expense & 3,000 & \\ \hline Wages Expense & 20,000 & \\ \hline Total Expenses & & (96,000) \\ \hline Net income & & 24,000 \\ \hline \end{tabular}