Given the following cash transactions relating to Weatherford Company, what is the net cash flows from operating activities, using the direct method? Beginning cash balance is $83,600 and ending cash balance is $20,000. - Cash received from customers $38,000 - Interest received $2,050 - Purchase of 100,000 shares of common stock from Definite Company, for cash $100,000 - Paid cash for merchandise $30,000 - Received $18,700 for selling treasury stock - Received cash for selling old equipment $7,650 $8,000 $10,050 $15,650 $68,000 $70,050