Balances of the Current Asset and Current Liability Accounts at the End

Balances of the current asset and current liability accounts at the end and beginning of the year are as follows:
$\begin{array}{lr}&\underline { \text { End}}&\underline { \text { Beginning}}\\\text { Cash } & \$ 62,000 &\$ 73,000 \\\text { Accounts receivable net } & 75,000 &60,000 \\\text { Inventories } & 54,000 &47,000 \\\text { Accounts payable merchandise creditors } & 43,000 &37,000 \\\text { Salaries payable } & 2,800 &3,800\\\text { Sales on account } & 210,000 \\\text { Cost of merchandise sold } & 70,000 \\\text { Onerating expenses other than depreciation } & 67000\end{array}$ Use the direct method to prepare the cash flows from operating activities section of a statement of cash flows.