AB 116 WEEK 10
The 2014 accounting records of Blocker Transport reveal these transactions and events.
Payment of interest $10,600 Collection of accounts receivable $182,310
Cash sales 48,410 Payment of salaries and wages 52,880
Receipt of dividend revenue 18,300 Depreciation expense 16,860
Payment of income taxes 12,640 Proceeds from sale of vehicles 12,690
Net income 38,620 Purchase of equipment for cash 22,260
Payment of accounts payable Loss on disposal of vehicles 2,370
for merchandise 114,270 Payment of dividends 14,720
Payment for land 74,800 Payment of operating expenses 27,020
Prepare the cash flows from operating activities section using the direct method.
USA 
India