The following information is for Redwood Inc. for the year ended December 31, 2018. Redwood had a balance for cash and cash equivalents of $6,200 on January 1, 2018.

Cash Received from:
Customers	$	2,000
Interest on investments		250
Sale of land		150
Sale of common stock		700
Issuance of debt securities		2,100
Cash Paid for:
Interest on debt		350
Income tax		90
Debt principal reduction		1,600
Purchase of equipment		5,100
Purchase of inventory		1,000
Dividends on common stock		250
Operating expenses		550

Required:

Prepare a statement of cash flows for the year using the direct method for operating activities. (Amounts to be deducted should be indicated with a minus sign.)