The following are various cash flows and other information for Smyczek Company for 2013:

1.Payments of interest, $8,200

2.Receipt from sale of land, $7,900

3.Interest collected, $10,000

4.Payment of dividends, $12,100

5.Depreciation expense, $24,700

6.Collections from customers, $101,600

7.Payments of income taxes, $15,400

8.Receipt from issuance of stock, $18,900

9.Payments to suppliers and employees, $67,500

10.Increase in inventories, $4,600

Required:

Using the direct method, prepare the cash flows from operating activities section of Smyczek's 2013 statement of cash flows.