Additional information:

Accounts receivable decreased $$340,000$ during the year.

Prepaid expenses increased $$170,000$ during the year.

Accounts payable to suppliers of merchandise decreased $$260,000$ during the year.

Accrued expenses payable decreased $$100,000$ during the year.

Administrative expenses include depreciation expense of $$60,000.$

Prepare the operating activities section of the statement of cash flows using the direct method. ORIOLE COMPANY

Partial Statement of Cash FlowsThe income statement of Culver Company is shown below.

Culver Company

Income Statement

For the Year Ended December $31,2025$

Sales revenue

$$6,250,000$

Cost of goods sold

Operating expensesOriole Company

Income Statement

For the Year Ended December $31,2025$