BE22.9 (LO 2, 3) Colbert Corporation had the following 2025 income statement. Revenues Expenses $100,000 60,000 Net income In 2025, Colbert had the following activity in selected accounts. Accounts Receivable $ 40,000 Allowance for Doubtful Accounts 1/1/25 Revenues 20,000 100,000 Write-offs 1,000 Collections 90,000 Write-offs 1,000 1/1/25 Bad debt expense 1,200 1,840 29,000 12/31/25 2,040 N 12/31/25 Prepare Colbert's cash flows from operating activities section of the statement of cash flows using (a) the direct method and (b) the indirect method.