The accounting records of The Olive Oil Company reveal the following for the month ended August 31, 2020: Click the icon to view the accounting records.) Required Compute cash flows from operating activities by the direct method (Use parentheses or a minus sign for amounts to be subtracted.) Cash flows from operating activities Receipts Collections from customers Dividends received on investments Total cash receipts Payments To suppliers To employees For interest For income tax Total cash payments Net cash inflow from operating activities More Info - X $ 5 Acquisition of land Amortization Cash sales Collection of accounts receivable Collection of dividend revenue Decrease in current liabilities 89,000 LOSS on sale of land 50.000 Net income 78.000 Payment of Accounts payabio 186.000 Payment of dividends 4.000 Payment of income tak 52.000 Payment of interest 48,000 Payment of salaries and a 8,000 28.000 110.000 25.000 8.000 14.000 76,000 Increase in current assets other than cash bliers - X Hore Info 6,000 78,000 110,000 25,000 Acquisition of land Amortization Cash sales Collection of accounts receivable Collection of dividend revenue Decrease in current liabilities Increase in current assets other than cash 89,000 Loss on sale of land 50,000 Net incomo 78,000 Payment of accounts payable 186,000 Payment of dividends 4,000 Payment of income tax 52,000 Payment of interest 48,000 Payment of salaries and wages ... 8,000 14,000 76,000 Print Done