Selected information from Cullumber Ltd.'s statement of financial position and statement of income is as follows: CULLUMBER LTD. Statement of Income Year Ended December 31, 2021 \begin{tabular}{lr} Sales & $210,000 \\ Cost of goods sold & 115,000 \\ \cline { 2 - 2 } Gross profit & 95,000 \\ Operating expenses & 58,000 \\ \cline { 2 - 2 } Income from operations & 37,000 \\ Interest expense & 1,900 \\ Income before income tax & 35,100 \\ Income tax expense & 3,800 \\ Net income & $31,300 \\ \hline \hline \end{tabular} Additional information: 1. The bank loan was received in the past to finance the purchase of equipment: 2. Operating expenses included depreciation expense of $11,500 and a loss of $5,400 on the disposal of equipment. Prepare the operating activities section of the statement of cash flows, using the direct method. PUFFY LTD. Statement of Cash Flows $ Cash payments