Ches PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $1,625,000 Expenses: Cost of goods sold $980,000 Operating expenses 490,000 Depreciation expense 43,000 Income tax expense 33,000 Total expenses 1,546,000 Net income 79,000 PEACH COMPUTER Selected Balance Sheet Data December 31 (1) Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable 2021 $95,000 46,700 68,000 2,300 38,000 4,300 2020 $81,500 52,500 51,500 13,600 33,500 6,500 Increase (1) or Decrease (0) $13,500 5,800 (D) 16,500 (1) 1,300 (D 4,500 (1) 2,200 (0) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method. (List cash outflows and any decrease in cash as negative amounts.)