The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC) Cash received from: Customers Interest on note receivable Collection of note receivable Sale of land Issuance of common stock $700,000 16,000 140,000 44,000 240,000 Cash paid for: Interest on note payable Purchase of equipment Operating expenses Dividends to shareholders 22,000 140,000 460,000 34,000 Prepare the cash flows from operating activities section of HHC's statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Net cash flows from operating activities