Portions of the financial statements for Exact Company are provided below. $ 750 11 $ 761 Exact Company Income Statement For the Year Ended December 31, 2021 ($ in thousands) Revenues and gains: Sales Gain on sale of building Expenses and loss: Cost of goods sold Salaries Insurance Depreciation Interest expense Loss on sale of equipment Income before tax Income tax expense Net income 124951 ||| $275 115 35 118 45 13 601 160 $ 80 Exact Company Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 ($ in thousands) Year 2021 2020 Cash $ 129 $ 105 Accounts receivable 319 221 Inventory 326 420 Prepaid insurance 71 83 Accounts payable 205 122 Salaries payable 112 98 Interest payable 2 4 Deferred tax liability 70 57 Income tax payable 6 9 Bond discount 180 205 Determine cash inflows/ (outflows) from operating activities using the direct method a. Cash paid to employees (2 points) $ b. Cash paid for interest (4 points) $ c. Cash paid for income tax (4 points) $