Net Cash Flows (Direct Method)

Based on the following information, determine the net increase (decrease) in cash for Luther Corp. for the year ended December 31, 2009. Use the direct method to report cash flows from operating activities.

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Cash received from interest revenue Cash paid for dividends Cash collected from customers Cash paid for wages. Depreciation expense for the period Cash received from issuance of common stock Cash paid for retirement of bonds at par Cash received on sale of equipment at book value Cash paid for land... $ 16,000 80,000 712,000 476,000 65,000 350,000 150,000 13,000 210,000