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1.25 1 points Skipped Operating expenses Depreciation expense Income tax expense Total expenses Net income 620,000 56,000 46,000 PEACH COMPUTER Selected Balance Sheet Data
1.25 1 points Skipped Operating expenses Depreciation expense Income tax expense Total expenses Net income 620,000 56,000 46,000 PEACH COMPUTER Selected Balance Sheet Data December 31 1,832,000 $ 118,000 Increase (I) or eBook 2021 2020 Decrease (D) Cash $108,000 $88,000 $20,000 (I) Accounts receivable 45,600 52,000 6,400 (D) Inventory 81,000 58,000 23,000 (I) Hint Prepaid rent 3,600 6,200 2,600 (D) Accounts payable 51,000 40,000 11,000 (I) Income tax payable 5,600 13,000 7,400 (D) Print Required: References Prepare the operating activities section of the statement of cash flows for outflows and any decrease in cash as negative amounts.) PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2021 Cash flows from operating activities: Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities $ 0
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