Assignment 6- Chapter 9, 10 Comm 204 -Spring 2020 Question 4 Save 4 Less Inc. gathered…

Assignment 6- Chapter 9, 10 Comm 204 -Spring 2020 Question 4 Save 4 Less Inc. gathered the following data from its accounting records for the year ended December 31, 2019: Depreciation expense Payment of income taxes Collections of accounts receivable Declaration of stock dividend Cash Received on sale of land Collection of dividend revenue Payments of salaries and wages Cash sales Payment of interest Interest received on investments Payments to suppliers $20,900 19,500 367,200 65,000 105,400 14,000 183,600 23,700 19,400 3,100 73,600 Prepare the operating activities section of the cash flow statement using the direct method.