will thumb up if correct

Selected information from Pharoah Ltd.'s statement of financial position and statement of income is as follows: Additional information: 1. Prepaid expenses and property tax payable relate to other operating expenses. 2. Accounts payable relate to purchases of inventory. 3. Operating expenses included depreciation expense of $11,000 and a loss of $5,200 on the disposal of equipment. Prepare the operating activities section of the statement of cash flows using the direct method. 3. Operating expenses included depreciation expense of $11,000 and a loss of $5,200 on the disposal of equipment Prepare the operating activities section of the statement of cash flows using the direct method