Exercise 17-12 The 2017 accounting records of Blocker Transport reveal these transactions and events Payment of interest Cash sales Receipt of dividend revenue Payment of income taxes Net income Payment of accounts payable 10,200 Collection of accounts receivable $189,800 57,700 15,600 12,900 21,100 3,700 13,900 27,700 Payment of salaries and wages Depreciation expense Proceeds from sale of vehicles Purchase of equipment for cash Loss on disposal of vehicles Payment of dividends Payment of operating expenses 49,300 17,800 16,700 38,700 for merchandise Payment for land 115,400 74,500 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).)