Check my work View previous attem 3 Exercise 11-11A Calculate operating activities-indirect method (LO11-3) Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income statement For the year ended December 31, 2021 et sales $1,750,000 Expenses Cost of goods s010 $1,030,000 Operating expenses 540,000 Depreciation expense 48,000 Income tax expense Total expenses 1,616,000 Net Income 14,000 PEACH COROUTER Selected Balance sheet Data December 31 Can Rounts receivable Inventory Prepaid rest Accounts payable Ence sa pyabia 2021 2010 $100,490 14.000 46,290 50,000 73.100 54.000 2,800 63,600 16.000 4.800 Increase 11) OF Decre 3,100 19,000 (1) 1.000 (3) 4.200(D) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) PEACH COMPUTER Statement of Cash Flows (partian For the Year Ended December 31, 2021 Cathfws from operating activities Net income $ 94.000 Adjustments to reconcile net income to net howrom operating acties Net cash flows from operating active $ 04.000