Cullumber Company's income statement contained the following condensed information. $969,000 Cullumber Company Income Statement For the Year Ended December 31, 2020 Service revenue Operating expenses, excluding depreciation $623,000 Depreciation expense 54,000 Loss on disposal of plant assets 24,000 Income before income taxes Income tax expense Net income 701,000 268,000 39,000 $229,000 Cullumber's balance sheets contained the comparative data at December 31, shown below. 2020 $ 74,000 Accounts receivable Accounts payable Income taxes payable 2019 $59,000 27,000 6,000 40,000 12,000 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cullumber Company Partial Statement of Cash Flows Adjustments to reconcile net income to