Based on the information in the following income statement and balance sheet for Monterey Corporation, determine the cash flows from operating activities using the direct method. 
Definitions:
Market Position
The standing of a company or its products in the eyes of customers relative to its competitors, often measured by market share, reputation, and customer preference.
Global Coffee Beans Producer
An entity or country engaged in the large-scale cultivation and export of coffee beans across the world.
Focus Strategy
A business approach where a company concentrates its resources on entering or expanding in a narrow market or industry segment.
Financial Services
Industries and businesses that manage money, including banks, investment companies, insurance companies, and real estate firms.
Q18: When the contract rate on a bond
Q22: If a company is comparing this year's
Q72: A registrar keeps stockholder records and prepares
Q89: A corporation reports the following year-end balance
Q94: Refer to the following selected financial information
Q106: Express the following balance sheets for Safety
Q138: Alto Company issued 7% preferred stock with
Q191: Charger Company's most recent balance sheet reports
Q195: Express the following income statement information in
Q215: A company reported $960,000 in net income