The following is accounting information taken from the adjusted trial balance of the Woodrail Company for 2007:

In addition, the following changes occurred in selected accounts during 2007:
Accounts receivable ....$5,700 credit
Inventory ...........9,800 debit
Accounts payable .......7,000 credit
Salaries payable .......900 debit
Interest payable .......300 credit
Required
Using the direct method, prepare the cash flows from operating activities section of the 2007 statement of cash flows for the WoodrailCompany.

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Credit $75,000 Debit Sales Interest revenue Cost of goods sold Salaries expense Interest expense Income tax expense 4,300 $43,600 13,600 5,400 3,000