The 2019 accounting records of Blocker Transport reveal these transactions and events.

Instructions
Prepare the cash flows from operating activities section using the direct method. (Not all of the items will be used.)

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Payment of interest Cash sales Receipt of dividend revenue Payment of income taxes Net income Payment of accounts payable $10,000 48,000 18,000 12,000 38,000 Collection of accounts receivable $182,000 Payment of salaries and wages Depreciation expense Proceeds from sale of vehicles Purchase of equipment for cash 22,000 Loss on sale of vehicles Payment of dividends Payment of operating expenses 28,000 53,000 16,000 12,000 3,000 14,000 for merchandise Payment for land 115,000 74,000