Exercise 23-06 Whispering Company's income statement for the year ended December 31, 2020, contained the following condensed information. $847,000 Service revenue Operating expenses (excluding depreciation) Depreciation expense Loss on sale of equipment Income before income taxes Income tax expense Net income $626,000 60,000 26,000 712,000 135,000 40,000 $95,000 Whispering's balance sheet contained the following comparative data at December 31. 2020 Accounts receivable Accounts payable Income taxes payable $35,000 43,000 4,000 2019 $52,000 30,000 9,000 (Accounts payable pertains 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).) WHISPERING COMPANY Statement of Cash Flows (Partial) Adjustments to reconcile net income to LLO Click if you would like to Show Work for this question: Open Show Work