The 2015 accounting records of Outdoor Adventures Ltd reveal the following transactions and events.

The 2015 accounting records of Outdoor Adventures Lid reveal the following transactions and events. Payment of interest $15,300 Cash sales 61,100 Receipt of dividend revenue 14,400 Payment of income tax 16,000 Profit 38,400 Payment of accounts payable for inventory 102,600 Payment for land 74,800 Collection of accounts receivable 196,700 Payment of salaries and wages 65,300 Depreciation expense 15,900 Proceeds from sale of aircraft 810,700 Purchase of equipment for cash 22,700 Loss on sale of aircraft 3,100 Payment of dividends 13,400 Payment of operating expenses 19,800 Required Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (Not all of the items will be used.)( Show amounts that decrease cash flow with either a negative sign preceding the number e.g. -15,000 or i Outdoor Adventures Ltd Partial statement of cash flows for the year ended 31 December 2015 Cash flows from operating activities Cash receipts from: Customers Dividends on investment v Cash payments: Net cash provided by operating activities v