Data table Payment of salaries and wages Depreciation expense Increase in current liabilities Net income Payment of income tax 21,000 Collection of dividend revenue 23,000 Payment of interest $ 31,000 $ 40,000 11,000 4,000 19,000 00.000 I Data table Tapimties Increase in current assets other than cash Payment of dividends Collection of accounts receivable 23,000 Payment of interest Cash sales 26,000 Loss on sale of land 3,000 Acquisition of land with cash Payment of accounts 117,000 payable 19,000 20,000 4,000 25,000 55,000 The accounting records of Pepperell Pharmaceuticals, Inc., reveal the following: (Click the icon to view the accounting records.) Requirement 1. Prepare cash flows from operating activities using the direct method. Also evaluate Pepperell's operating cash flow. Give the rationale for your evaluation. Start by completing the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted and fo a net decrease in cash.) Canh flawa SuAM AKArabina nativitias