Refer to the information for Granville Manufacturing Company in Problem 11-53A.
Refer to Granville Manufacturing Company in Problem 11-53A,
Granville Manufacturing Company
Income Statement
For the year ended December 31, 2019

The following balance sheet changes occurred during the year:
• Accounts receivable increased by $182,400.
• Inventory increased by $98,725.
• Prepaid expenses decreased by $64,100.
• Accounts payable increased by $43,850.
• Salaries payable increased by $54,900.
Required:
Prepare the cash flows from operating activities section of the statement of cash flows using the direct method?