The 2015 accounting records of Outdoor Adventures Ltd reveal the following transactions and events. Payment of interest Cash sales Receipt of dividend revenue Payment of income tax Profit Payment of accounts payable for inventory Payment for land Collection of accounts receivable Payment of salaries and wages Depreciation expense Proceeds from sale of aircraft Purchase of equipment for cash Loss on sale of aircraft Payment of dividends Payment of operating expenses $14,400 61,700 14,500 16,000 37,200 98,800 77,100 196,600 68,100 16,500 794,000 21,500 3,100 14,700 19,900 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 in parentheses e.g. (15,000).) 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 Cash payments: For income taxes For interest For operating expenses For salaries and wages To suppliers for inventory Net cash provided by operating activities V