Format of a Cash Flow Statement-Direct Method
Arrange the Following

Format of a cash flow statement-direct method
Arrange the following information to complete the statement of cash flows for Olympia, Inc. Place parentheses around those dollar amounts representing cash outlays.
$$\begin{array} { l c } \text { Purchases of marketable securities } & \$ 48,000 \\\text { Proceeds from sales of marketable securities } & \$ 75,000 \\\text { Interest and dividends received } & \$ 19,500 \\\text { Interest paid } & \$ 18,000 \\\text { Taxes paid } & \$ 43,500 \\\text { Dividends paid } & \$ 27,000 \\\text { Proceeds from short-term borrowing } & \$ 31,500 \\\text { Payments to settle short-term debts (principal repaid) } & \$ 36,000 \\\text { Cash received from customers } & \$ 681,000 \\\text { Cash paid to suppliers and employees } & \$ 531,000 \\\text { Proceeds from issuing capital stock } & \$ 118,500 \\\text { Purchases of plant assets } & \$ 201,000 \\\text { Proceeds from sales of plant assets } & \$ 58,500 \\\text { Cash and cash equivalents, beginning of year } & \$ 73,500\end{array}$$