The following is a list of various activities from Geiers bach Grain’s latest year of operations.

Required Using the direct method, construct Geiersbach Grains’ statement of cash flows.

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Sale of marketable securities Repayment of long-term debt Payment of cash dividends $ 15,130 19,215 500 Sale of equipment 20,600 Collections from customers 130,940 Payments for operating costs 27,400 Net income 37,520 Beginning Cash balance 13,645 Payments for equipment 23,670 Payments to suppliers 36,990 Proceeds from issuing common stock 1,450 Payments to employees 36,480 Payments for taxes 11,200 Ending Cash balance 26,310