The accountant for Pop Corporation collected the following information that he thought might be useful in the preparation of the company's consolidated statement of cash flows (in thousands):
Cash paid for purchase of equipment ...................................... $1,080
Cash paid for other expenses ................................................. 1,800
Cash paid to suppliers ......................................................... 2,520
Cash received from customers ............................................... 6,400
Cash received from sale of land ............................................. 2,000
Cash received from treasury stock sold ..................................... 1,600
Dividends from equity investees .............................................. 160
Dividends paid to non-controlling stockholders .............................. 80
Dividends paid to Pop's stockholders ........................................ 200
Gain on sale of land ............................................................. 800
Income from equity investees ................................................. 320
Interest received from short-term loan ........................................ 20
Non-controlling interest share ................................................. 180
Required:
Prepare the Cash Flows from Operating Activities section of the consolidated statement of cash flows for Pop Corporation and Subsidiaries using the direct method of presentation?