Required information

$[$The following information applies to the questions displayed below.$]$

Portions of the financial statements for Parnell Company are provided below.

Required:

Prepare the cash flows from operating activities section of the statement of cash flows for Parnell Company using the

direct method.

Note: Enter your answers in thousands $($i$.$e$.,10,000$ should be entered as $10).$ Amounts to be deducted should be

indicated with a minus sign.