Bragg Mechanical Inc. shows the following information at the end of the year:
Sales
$ 690000
Cost of good sold
410000
Salaries expense
90000
Insurance expense
20000
Income tax expense
22000
Increase in accounts receivable
9000
Decrease in inventory
8000
Increase in accounts payable
14000
Increase in salaries payable
13000
Decrease in taxes payable
2000
Calculate the cash flows from operating activities using the direct method and prepare the operating section of the statement of cash flows
for Bragg Mechanical.