The 2022 accounting records of Concord Transport provide the following information.

Payment of interest		$10,200		Payment of salaries and wages		$57,700
Cash sales		49,300		Depreciation expense		15,600
Receipt of dividend revenue		17,800		Proceeds from sale of vehicles		812,900
Payment of income taxes		16,700		Purchase of equipment for cash		21,100
Net income		38,700		Loss on sale of vehicles		3,700
Payment for merchandise		97,400		Payment of dividends		13,900
Payment for land		74,500		Payment of operating expenses		27,700
Collection of accounts receivable		195,800

Prepare the cash flows from operating activities section using the direct method.

"Cash sales" is not an option.

Thank you!

CONCORD Transport Statement of Cash Flows Direct Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Cash receipts from Purchase of Equipment for Cash $ 21.100 Dividend Revenue 17,800 $ Less cash payments: For Interest 10,200 i For Income Taxes 16,700 i To Suppliers for Merchandise 97,400 i For Operating Expenses 27.700 i For Salaries and Wages 57,700 i 209700 Net Cash Provided by Operating Activities $ $ e Textbook and Media Cash receipts from Purchase of Equipment for Cash For Land Depreciation Expense To Suppliers for Merchandise For Income Taxes Net Income For Salaries and Wages Loss on Disposal of Vehicles Dividend Revenue For interest Proceeds from Disposal of Plant Assets For Payment of Dividends Purchase of Equipment for Cash Customers For Operating Expenses