Check my The accounting staff of Wyoming Outiters, 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, 800 178, 300 22, 000 10,000 4,700 4, 000 31,200 865,000 9,000 49,000 614, 000 19,000 68,000 Using this information, prepare a statement of cash flows under direct method. (List any deduction in cash and cash outflows as negative amounts.) WYOMING OUTFITTERS, INC. Statement of Cash Flows For the Year Ended December 31, Current Year Cash flows from operating activities Net cash low from operating activities