Current Attempt in Progress

Cullumber Company's income statement for the year ended December $31,2025,$ contained the following condensed information.

$\backslash$table$[[$Service revenue,,$$848,000],[$Operating expenses $($excluding depreciation$),$$$626,000,],[$Depreciation expense,$60,000,],[$Loss on sale of equipment,$26,000,712,000],[$Income before income taxes,,$136,000],[$Income tax expense,,$41,000],[$Net income,,$$95,000]]$

Cullumber's balance sheet contained the following comparative data at December $31.$

$\backslash$table$[[,2025,2024],[$Accounts receivable,$$37,000,$$$52,000],[$Accounts payable,$41,000,32,000],[$Income taxes payable,$4,100,8,700]]$

$($Accounts payable pertains to operating expenses.$)$

Prepare the operating activities section of the statement of cash flows using the direct method.

CULLUMBER COMPANY

Partial Statement of Cash Flows

$$

$ $$

$$ $ $$

$$

$

$$

$$