The chief accountant for Microsoft provides you with the company's most recent income statement and comparative balance sheets below. The accountant has asked for your help in preparing part of the company's 2024 statement of cash flows. 2024 Income Statement (5 in thousands) Sales revenue Depreciation expense Selling & administrative expense Income before taxes Income tax expense Net income Balance Sheet (all $ in thousands) Cash Accounts receivable $5,360 $ 400 3,840 4,240 1,120 336 $784 12/31/2024 $796 12/31/2023 $ 748 446 2,500 Property, plant & equipment Less: Accumulated depreciation Accrued liabilities for selling & administration expense Income taxes payable Common stock Retained earnings (900) $ 2,842 $298 176 363 1,440 (500) $ 2,051 $321 128 680 680 1,688 922 $ 2,842 $ 2,051 Required: Determine the cash flow from operating activities for Microsoft, using the direct method. Note: Enter your answers in thousands of dollars. Cash flows from operating activities