The 2016 accounting records of Flypaper Airlines Ltd. reveal these transactions and events. Payment of interest Cash sales Receipt of dividend revenue Payment of income tax Profit $15,000 60,000 14,000 16,000 38,000 Payment of accounts payable for inventory 100,000 Payment for land 74,000 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 $190,000 68,000 16,000 812,000 22,000 3,000 14,000 20,000 Complete the cash flows from operating activities section of the cash flow statement using the direct method below.

Complete the cash flows from operating activities section of the cash flow statement using the direct method below