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 Loans made to borrowers $ 35,800 184,100 20,000 10,000 3,100 Collections on loans (excluding interest) 4,000 Interest and dividends received 32,400 Cash received from customers 885,000 Proceeds from sales of plant assets 9,000 Dividends paid 50,000 Cash paid to suppliers and employees Interest paid Income taxes paid 630,000 19,000 70,000 Using this information, prepare a statement of cash flows under direct method. (List any deduction in cash and cash outflows as negative amounts.) 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 For the Year Ended December 31, Current Year Cash flows from operating activities: Cash received from customers Interest and dividends received $ 0 0 Net cash flow from operating activities Cash flows from investing activities: $ 0 Cash flows from financing activities: 0 0 0 Cash and cash equivalents, January 1,current year Cash and cash equivalents, December 31, current year $ 0