Information from the statement of financial position and statement of income is given below for Pina Road Inc., a company following IFRS, for the year ended December 31. Pina Road has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities.

Comparative Statement of Financial Position, at December 31
			2020			2019
Cash			$81,700			$48,050
Accounts receivable			91,800			37,800
Inventory			128,400			108,650
Investments in land			91,900			115,000
Property, plant, and equipment			295,000			212,000
Accumulated depreciation			(48,500	)		(40,000	)
			$640,300			$481,500
Accounts payable			$54,500			$49,080
Accrued liabilities			12,300			19,630
Notes payable			144,000			76,000
Common shares			245,000			208,000
Retained earnings			184,500			128,790
			$640,300			$481,500
Statement of Income, year ended December 31, 2020
Revenues
	Sales revenue					$291,420
	Gain on disposal of investment in land					5,000
	Gain on disposal of equipment					8,870
						305,290
Expenses
	Cost of goods sold		$99,360
	Depreciation expense		56,800
	Operating expenses		14,730
	Income tax expense		38,700
	Interest expense		2,820			212,410
Net income						$92,880

Additional information:

1.		Investments in land were sold at a gain during 2020.
2.		Equipment costing $57,300 was sold for $17,870, resulting in a gain.
3.		Common shares were issued in exchange for some equipment during the year. No other shares were issued.
4.		The remaining purchases of equipment were paid for in cash.

Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000).) PINA ROAD INC Statement of Cash Flows - Direct Method Year Ended December 31, 2020 $ 00000 81700