Exercise 17-12 The 2014 accounting records of Blocker Transport reveal these transactions and events. Payment of interest $10,830 Collection of accounts receivable $182,640 Cash sales 47,180 Payment of salaries and wages 52,080 Receipt of dividend revenue 18,760 Depreciation expense 16,300 Payment of income taxes 11,270 Proceeds from sale of vehicles 11,780 Net income 38,990 Purchase of equipment for cash 22,360 Payment of accounts payable Loss on disposal of vehicles 3,420 for merchandise 114,880 Payment of dividends 14,210 Payment for land 74,360 Payment of operating expenses 28,930 Prepare the cash flows from operating activities section using the direct method