CES udy Exercise 17-13 The 2020 accounting records of Blocker Transport reveal these transactions and events. Payment of interest $10,700 Collection of accounts receivable $190,200 Cash sales 50,500 Payment of salaries and wages 56,800 Receipt of dividend revenue 17,200 Depreciation expense 16,700 Payment of income taxes 16,700 Proceeds from sale of vehicles 11,000 Net income 37,800 Purchase of equipment for cash 22,800 Payment of accounts payable Loss on sale of vehicles 2,900 for merchandise 115,700 Payment of dividends 14,200 Payment for land 74,900 Payment of operating expenses 27,700 Prepare the cash flows from operating activities section using the direct method. (Not all of the items will be used.) Blocker Transport Statement of Cash Flows Direct Method Cash receipts from cash payments: > > > $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT O ype here to search . Exercise 17-14 The following information is taken from the 2020 general ledger of Swisher Company. Rent Rent expense Prepaid rent, January 1 Prepaid rent, December 31 $39,700 5,800 9,200 Salaries Salaries and wages expense Salaries and wages payable, January 1 Salaries and wages payable, December 31 $64,000 10,500 8,600 Sales Sales revenue Accounts receivable, January 1 Accounts receivable, December 31 $169,200 18,200 6,600 In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method. Cash payments for rent $ Cash payments for salaries $ Cash receipts from customers Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT