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The accounting staff of Wyoming Outfitters, Inc., has assembled the following information for the current...

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Accounting

The accounting staff of Wyoming Outfitters, Inc., has assembled the following information for the current year ended December 31. Cash and cash equivalents, Jan. 1 $ 35,800 Cash and cash equivalents, Dec. 31 122,700 Cash paid to acquire plant assets 22,000 Proceeds from short-term borrowing 10,000 Loans made to borrowers 5,600 Collections on loans (excluding interest) 4,000 Interest and dividends received 35,500 Cash received from customers 815,000 Proceeds from sales of plant assets 9,000 Dividends paid 41,000 Cash paid to suppliers and employees 624,000 Interest paid 19,000 Income taxes paid 75,000 Using this information, prepare a statement of cash flows under direct method

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