Sunland Manufacturing has provided the following comparative financial statements: Sunland Manufacturing Statement of Financial Position As at December 31 Assets 2020 Cash 623,000 Accounts receivable 75,000 Inventory 112,000 Prepaid operating expenses 11,000 Long term investments 146,000 Equipment 637,000 Less: Accumulated depreciation (68,000) 1,536,000 Liabilities and Shareholders' Equity Accounts payable 66,000 Income tax payable 17,000 Bonds payable 180,000 Common shares 723,000 Retained earnings 550,000 1,536,000 2019 552,000 86,000 73,000 12,000 100,000 519,000 (69,000) 1,273,000 29,000 26,000 288,000 597,000 333,000 1,273,000 Sunland Manufacturing Income Statement For the year ended December 31, 2020 Sales revenue $1,289,400 Cost of goods sold 798,000 Gross profit 491,400 Operating expenses 260,000 Income from operations 231,400 Interest expense 10,200 Loss on disposal of equipment (5,000) Income before income tax 216,200 Income tax expense 14,200 Net income $202,000 Depreciation expense of $24,000 is included in the operating expenses. Prepare the operating activities section of the statement of cash flows, using the direct method. (Show amounts that decrease cash flow with either a-signeg.-15,000 or in parenthesis e.g. (15,000).) Sunland Manufacturing Partial Statement of Cash Flows Sunland Manufacturing Partial Statement of Cash Flows $ $ $