Coimpule flli Corporation's free cash flow E16A-27 Preparing operating activities cash rect method income statement of Rayana Inc. for the year ended December 31, 2013, eporal the following condensed information Service revenue Operating expenses income from operationis Income tax expense Net income $ 700,000 360,000 340,000 60,000 280,000 Rayana's balance sheet contained the following comparative data 2013 2012 $75,000 40,000 6,000 $40,000 50,000 3,000 Accounts receivable Accounts payable Income taxes payable Rayana has no depreciable assets. Accounts payable perains to operating espenses Requirement Accounts payable pertains to operating expenses Prepare the operating activities section of the statement of cash flows using the diea method