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\begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{GROUPERINCStatementsofFinancialPosition} \\ \hline Assets & Dec. 31,2023 & Dec. 31,2022 & Increase/ / & Decrease \\ \hline Cash & $63,700 & $32,100 & $31,600 & increase \\ \hline Accounts receivable & 86,600 & 47,300 & 39,300 & increase \\ \hline Inventory & 102,000 & 121,000 & 19,000 & decrease \\ \hline Land & 165,000 & 0 & 165,000 & increase \\ \hline Property, plant, and equipment, net & 302,000 & 240,000 & 62,000 & increase \\ \hline Intangible assets-patents & 0 & 20,900 & 20,900 & decrease \\ \hline Total & $719,300 & $461,300 & & \\ \hline \multicolumn{5}{|l|}{ Liabilities and Shareholders' Equity } \\ \hline Accountspayable & $63,600 & $51,300 & 12,300 & increase \\ \hline Bonds payable & 214,000 & 0 & 214,000 & increase \\ \hline Commonshares & 282,000 & 271,000 & 11,000 & increase \\ \hline Retained earnings & 159,700 & 139,000 & 20,700 & increase \\ \hline Total & $719,300 & $461,300 & & \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{GROUPERINCIncomeStatementFortheYearEndedDecember31,2023} \\ \hline Sales revenue & $580,000 \\ \hline Costof goods sold & 345,000 \\ \hline Grossprofit & 235,000 \\ \hline Salaries and wagesexpense & 150,000 \\ \hline Depreciation expense & 30,200 \\ \hline Incomebefore incometax & 54,800 \\ \hline Inconetax & 13,700 \\ \hline Netincome & $41,100 \\ \hline \end{tabular} Additional information: 1. Dividends of $20,400 were declared and paid during the year. 2. The bonds were issued on December 31,2023 , to help finance the acquisition of the land. Specifically, $165,000 worth of the land was acquired in exchange for $107,000 of bonds, with the renainder of the bonds being issued for cash. 3. Patentswere sold at their carrying value of $20,900 on January 1,2023 . No property, plant, or equipment was sold during the year. Prepare the operating activities section of the statement of cash flows for Greuper using the direct method

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