The Following Information Is for Redwood Inc

The following information is for Redwood Inc. for the year ended December 31, 2009. Redwood had a cash and cash equivalents balance of $5,200 on January 1, 2009.
Required: Prepare a statement of cash flows for the year using the direct method for operating activities.
$$\begin{array}{l}\text { Cash received from: }\\\begin{array} { l r } \text { Customers } & \$ 1,900 \\\text { Interest on investments } & 200 \\\text { Sale of land } & 100 \\\text { Sale of common stock } & 600 \\\text { Issuance of debt securities } & 2,000 \\& \\\text { Cash paid for: } & \\\text { Interest on debt } & 300 \\\text { Income tax } & 80 \\\text { Debt principal reduction } & 1,500 \\\text { Purchase of equipment } & 4,100 \\\text { Purchase of inventory } & 1,000 \\\text { Dividends on common stock } & 200 \\\text { Operating expenses } & 500\end{array}\end{array}$$