accounting staff of Wyoming Outfitters, Inc., has assembled the following information for the current year ended December 31.

Cash and cash equivalents, Jan. 1

Cash and cash equivalents, Dec. 31

Cash paid to acquire plant assets

Proceeds from short-term borrowing

Loans made to borrowers

Collections on loans (excluding interest)

Interest and dividends received

Cash received from customers

Proceeds from sales of plant assets

Dividends paid

Cash paid to suppliers and employees

Interest paid

Income taxes paid

$ 35,800

130,500

20,000

10,000

5,000

4,000

37,700

825,000

9,000

52,000

633,000

19,000

62,000

Using this information, prepare a statement of cash flows under direct method. (List any deduction in cash and cash outflows as