Grouper Company's income statement for the year ended December 31, 2020, contained the following condensed information. $831,000 Service revenue Operating expenses (excluding depreciation) Depreciation expense Loss on sale of equipment Income before income taxes Income tax expense Net income $620,000 60,000 26.000 706,000 125,000 40.000 $85,000 Grouper's balance sheet contained the following comparative data at December 31. Accounts receivable Accounts payable Income taxes payable 2020 $37,000 41,000 4,100 2019 $52,000 31,000 8,500 (Accounts payable pertains to operating expenses.) Prepare the operating activities section of the statement of cash flows using the direct method. GROUPER COMPANY Statement of Cash Flows (Partial) $ $