Wong furniture company had a cash balance on december 31, 20x0, of 50,000 Its net income for 20x1 was 361,000. Its 20x1 transaction affecting income or cash 1.- sales of 1.600 all on credit. Cash collection from customer 1,350 2.-the cost of items sold, $850. Purchases of inventory totaled $ 900; inventory and accounts payable were affected accordingly 3.-cash payments on trade accounts payable $ 775 4.-Depreciation $ 48 6.-Interest expenses, all paid in cash $ 11 7.-Other expenses, all paid in cash $100 8.-Income taxes accrued $40, income taxes paid $30 9.-Bought plant and facilities for 335 cash 10.- Issued debt for 110 cash 11.- Paid cash dividends of $39 Prepare a statement of cash flow using the direct method for reporting cash flows from operating activities. Omit supporting schedule