The 2017 accounting records of Martinez Corp. reveal these transactions and events. Payment of interest Cash sales Receipt of dividend revenue Payment of income taxes Net income Payment for merchandise Payment for land Collection of accounts receivable 536,250 27,500 Payment of salaries and wages 145,750 44,000 49,500 Proceeds from sale of vehicles 2,233,000 33,000 Purchase of equipment for cash 60,500 8,250 38,500 203,500 Payment of operating expenses 77,000 132,000 Depreciation expense 104,500 266,750 Loss on sale of vehicles Payment of dividends Prepare the cash flows from operating activities section using the direct method Martinez Corp Statement of Cash Flows-Direct Method