Tube Tunnel has the following information in its ‘Cash‘ account for July:

i Paid employees: $18 000 ii Paid suppliers: $8000 iii Cash sales: $44 000 iv Collected interest: $3200 v Paid interest: $2000 vi Collected accounts receivable: $20 000.

Required:

Using the direct method, prepare the cash flows from the operating activities section of Tube Tunnel’s cash flow statement for July.