Direct method not indirect

The income statement and selected balance sheet information for Direct Products Company for the year ended December 31 are presented below. $ 52,600 Income Statement Sales Revenue Expenses: Cost of Goods Sold Depreciation Expense Salaries and Wages Expense Rent Expense Insurance Expense Interest Expense Utilities Expense Net Income 23,000 2,400 9,400 4.900 2,100 2,000 1,600 $ 7,200 Selected Balance Sheet Accounts Ending Balances Accounts Receivable $ 580 Inventory 950 Accounts Payable 440 Prepaid Rent 33 Prepaid Insurance 29 Salaries and Wages Payable 92 Utilities Payable 28 Beginning Balances $ 620 750 500 24 36 56 19 Required: Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) DIRECT PRODUCTS COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31 Cash Flows from Operating Activities: Net Cash Provided by Operating Activities S S 0