Exercise 12-13 The 2014 accounting records of Rogan Transport reveal these transactions and events. Payment of salaries and wages Depreciation expense Proceeds from sale of vehicles Purchase of equipment for cash Loss on sale of vehicles Payment of dividends Payment of operating expenses Payment of interest Cash sales Receipt of dividend revenue 24,540 117,792 44,172 $ 130,062 39,264 1,992,648 Payment of income taxes Net income Payment for merchandise Payment for land Collection of accounts receivable 29,448 93,252 238,038 181,596 53,988 7,362 34,356 68,712 478,530 Prepare the cash flows from operating activities section using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)