Parker Corporation provided the following financial information: 
Required:
Using the direct method, prepare the operating activities section of Parnell's statement of cash flows.
Definitions:
Revealed Preference Analysis
An economic theory assuming that the choices made by individuals reveal their preferences and the value they assign to those choices, used primarily in consumer behavior analysis.
Market Basket
A fixed set of goods and services whose total cost is tracked over time to measure inflation and the cost of living.
Price of Books
The amount of money required to purchase books, which may vary based on factors like genre, author, and publication date.
Price of DVDs
The cost that consumers pay to purchase digital versatile discs used for storing data, especially movies and other multimedia content.
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