The following information is taken from the 2012 general ledger of Mathias Company.

InstructionsIn each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method.

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$ 30,000 5,900 7,400 Rent Rent expense Prepaid rent, January 1 Prepaid rent, December 31 $ 54,000 2,000 8,000 Salaries Salaries expense Salaries payable, January 1 Salaries payable, December 31 Sales Revenue from sales $160,000 Accounts receivable, January 1 Accounts receivable, December 31 16,000 7,000