The following cash flows and other information pertain to Elon Company for 2016: 
Prepare the operating activities section of the statement of cash flows for 2016, using the direct method.
Definitions:
Triglyceride
A type of fat (lipid) found in your blood, made up of three fatty acids and glycerol.
Wax
A lipid composed of long-chain fatty acids and alcohols that is hydrophobic and malleable at ambient temperatures.
Fatty Acid
Carboxylic acids with long hydrocarbon chains, which are components of lipids in the body and are used in various industrial applications.
Herring Oil
A type of oil obtained from the processing of herring fish, rich in omega-3 fatty acids.
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