Exercise 23-5 Pina Company's income statement for the year ended December 31, 2017, contained the following condensed information Service revenue Operating expenses (excluding depreciation) Depreciation expense Loss on sale of equipment Income before income $839,000 $630,000 59,000 26,000 715,000 124,000 40,000 $84,000 Income tax expense Net income Pina's balance sheet contained the following comparative data at December 31. 2017 2016 Accounts receivable Accounts Income taxes payable $38,000 $56,000 42,000 31,000 8,000 able pay 4,100 (Accounts payable pertains to operating expenses.) Prepare the operating activities section of the statement of cash flows using the direct method PINA COMPANY Statement of Cash Flows (Partial)