Parker Corporation Provided the Following Financial Information Required:

Using the Direct Method, Prepare the Operating Activities

Parker Corporation provided the following financial information:
$\begin{array}{lr}\text {Sales} & \$225,000 \\\text {Cost of goods sold} & \$125,000 \\\text {Operating expenses includes \$10,000 depreciation} & \$60,000 \\\text {Accounts receivable beginning/ending balances} & \$45,000/\$38,000 \\\text {Inventory beginning/ending balances} & \$60,000/\$56,000 \\\text {Accounts payable beginning/ending balances} & \$28,000/\$32,000 \\\text {Accrued liabilities beginning/ending balances} & \$12,000/\$15,000 \\\end{array}$
Required:

Using the direct method, prepare the operating activities section of Parnell’s statement of cash flows.