The accounting records of KOU Company provided the data below. Net income Depreciation expense Increase in inventory Decrease in salaries payable Decrease in accounts receivable Amortization of patent Amortization of premium on bonds Increase in accounts payable Cash dividends paid $65,200 14,200 5,100 3,760 6,800 1,060 7,320 11,200 20,000 Required: Please prepare the section of operating activities in statement of cash flow using the direct method (9 points)