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 Cash and cash equivalents, Dec. 31 Cash paid to acquire plant assets Proceeds from short-term borrowing $ 35,800 192,900 24,000 10,000 Loans made to borrowers 3,800 Collections on loans (excluding interest) 4,000 Interest and dividends received 40,900 Cash received from customers 865,000 Proceeds from sales of plant assets 9,000 Dividends paid 49,000 Cash paid to suppliers and employees 613,000 Interest paid Income taxes paid 19,000 63,000 Using this information, prepare a statement of cash flows under direct method. (List any deduction in cash and cash outflows as negative amounts.) WYOMING OUTFITTERS, INC. Statement of Cash Flows