Electronic Wonders reports net income of $95,400. The accounting records reveal Depreciation Expense of $50,500 as well as increases in Prepaid Rent, Accounts Payable, and Income Tax Payable of $38,400 $24,700, and $20,300, respectively. Prepare the operating activities section of Electronic Wonders' statement of cash flows using the indirect method. (Amounts to be deducted and negative values should be indicated by minus sign.) ELECTRONIC WONDERS Statement of Cash Flows (partial) Cash Flows from Operating Activities Net income Adjustments for noncash effects: S 95,400 Changes in current assets and current liabilities Depreciation expense Increase in prepaid rent Increase in accounts payable Increase in income tax payable Net cash flows from operating activities 50,500 (38,400) 24,700 20,300 $ 152,500