Flounder Corp.'s income statement for the year ended December 31, 2017 had the following condensed information: $772,800 Sales revenue Operating expenses (excluding depreciation) $497,000 Depreciation expense 56,000 Unrealized loss on FV-NI investments 4,800 Loss on disposal of equipment 12,000 Income before income taxes Income tax expense 569,800 203,000 52,000 $151,000 Net income There were no purchases or sales of trading (FV-NI) investments during 2017. Flounder's statement of financial position included the following comparative data at December 31: FV-NI investments Accounts receivable Accounts payable Income tax payable 2017 2016 $21,700 $26,500 35,400 54,700 46,000 32,000 6,900 9,400 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).) Flounder Corp. Partial Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2017 Adjustments to reconcile net income to net cash provided by operating activities: $