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

Payment of interest		$ 12,180		Payment of salaries and wages		$ 64,554
Cash sales		58,464		Depreciation expense		19,488
Receipt of dividend revenue		21,924		Proceeds from sale of vehicles		989,016
Payment of income taxes		14,616		Purchase of equipment for cash		26,796
Net income		46,284		Loss on sale of vehicles		3,654
Payment for merchandise		118,146		Payment of dividends		17,052
Payment for land		90,132		Payment of operating expenses		34,104
Collection of accounts receivable		237,510

Prepare the cash flows from operating activities section using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)