Yogurt Plus, a restaurant, collected the following information on inflows and outflows for 2009:

Inflows

Sales (all for cash) .......................$379,000

Cash received from sale of common stock ............. 50,000

Proceeds from issuance of long-term notes payable ......... 40,000

Proceeds from sale of used restaurant fixtures ........... 13,000

Proceeds from issuance of short-term note payable ......... 35,000

Notes payable issued in exchange for kitchen equipment ........ 30,000

Outflows

Cash payments made for merchandise sold ............$203,000

Cash payments for operating expenses ............... 125,000

Cash payments for interest ................... 22,000

Cash payments for income taxes ................ 8,000

Purchase of restaurant fixtures for cash .............. 105,000

Principal payment on mortgage ................. 35,000

Payment of dividends .................... 6,000

Cost of kitchen equipment acquired in exchange for

note payable ........................ 30,000

Yogurt Plus had a cash balance of $21,800 at 1/1/09.

Required:

Prepare a statement of cash flows, using the direct method to determine net cash flow from operating activities.