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.

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