The accounting staff of Wyoming Outfitters, Inc., has assembled the following information for the current year ended December 31.

Cash and cash equivalents, Jan. 1 $ 35,800

Cash and cash equivalents, Dec. 31 105,000

Cash paid to acquire plant assets 25,000

Proceeds from short-term borrowing 10,000

Loans made to borrowers 4,400

Collections on loans (excluding interest) 4,000

Interest and dividends received 27,600

Cash received from customers 795,000

Proceeds from sales of plant assets 9,000

Dividends paid 44,000

Cash paid to suppliers and employees 618,000

Interest paid 19,000

Income taxes paid 66,000

Using this information, prepare a statement of cash flows under direct method. (List any deduction in cash and cash outflows as negative amounts.)