Exercise 11-11A Calculate operating activities-indirect method (LO11-3) Portions of the financial statements for Peach Computer are provided below. Net sales Expenses: PEACH COMPUTER Income Statement For the year ended December 31, 2021 Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses Net income $1,030,000 540,000 48,000 38,000 $1,750,000 1,656,000 $ 94,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase (I) or 2021 Cash $100,000 2020 $84,000 Decrease (D) $16,000 (1) Accounts receivable 46,200 50,000 3,800 (D) Inventory 73,000 54,000 19,000 (1) Prepaid rent 2,800 Accounts payable 43,000 Income tax payable 4,800 4,600 36,000 9,000 1,800 (D) 7,000 (I) 4,200 (D) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)