Big Island, Inc. began 2016 with cash of $40,000. During the year. Big island earned revenue of $200,000 and collected $120,000 from customers. Expenses for the year totalled $160,000, of which Big Island paid $65,000 in cash to supplies and $80,000 in cash to employees. The company received $2,000 cash for interest revenue and paid $10,000 for income taxes. Big Island also paid $35,000 to purchase equipment and a cash dividend of $15,000 to its stockholders during 2016. Prepare the company's operating activities section of the statement of cash flows for the year ended December 31, 2016. Use the direct method