The 2014 accounting records of Blocker Transport reveal these transactions and events.

Payment of interest		$10,990		Collection of accounts receivable		$182,730
Cash sales		48,320		Payment of salaries and wages		53,030
Receipt of dividend revenue		18,960		Depreciation expense		15,810
Payment of income taxes		11,210		Proceeds from sale of vehicles		11,850
Net income		38,140		Purchase of equipment for cash		22,920
Payment of accounts payable				Loss on disposal of vehicles		2,280
for merchandise		115,360		Payment of dividends		13,800
Payment for land		73,560		Payment of operating expenses		28,910

Prepare the cash flows from operating activities section using the direct method.

Blocker Transport Statement of Cash Flows