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Sandhill Corporation had the following 2025 income statement. Sales revenue $212,000 ...

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Accounting

Sandhill Corporation had the following 2025 income statement.
Sales revenue $212,000
Cost of goods sold 118,000
Gross profit 94,000
Operating expenses (includes depreciation of $20,000)47,000
Net income $47,000
The following accounts increased during 2025: Accounts Receivable $11,000, Inventory $10,000, and Accounts Payable $12,000.
Prepare the cash flows from operating activities section of Sandhills 2025 statement of cash flows using the direct method.

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