Balances of the current asset and current liability accounts at the end and beginning of the year are as follows:

End

Beginning

Cash

$$67,000$

$$73,000$

Accounts Receivable $($net$)$

$73,000$

$60,000$

Inventories

$54,000$

$37,000$

Accounts Payable $($merchandise creditors$)$

$43,000$

$37,000$

Salaries Payable

$1,800$

$3,800$

Sales $($on account$)$

$210,000$

Cost of Merchandise Sold

$70,000$

Operating Expenses Other Than Depreciation

$67,000$

Use the direct method to prepare the operating activities section of a statement of cash flows. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.

blank

Operating Activities Section

Cash flows from $($used for$)$ operating activities:

$$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

Net cash flows from operating activities $fill in the blank $7$