Use the direct method to determine cash flows from operating activities The following accounts and corresponding balances were drawn from Pizzazz Company's 2012 and 2011 year-end balance sheets:

During the year, $72,000 of unearned revenue was recognized as having been earned. Rent expense for 2012 was $20,000.
Required
Based on this information alone, prepare the operating activities section of the statement of cash flows assuming the direct approach is used.

Account Title 2012 2011 Unearned revenue Prepaid rent $5,000 2,400 $6,500 1,800