Kingbird, Inc.s income statement contained the following condensed information. Kingbird, Inc. Income Statement For the Year Ended December 31, 2020 Service revenue $971,200 Operating expenses, excluding depreciation $623,300 Depreciation expense 55,200 Loss on disposal of plant assets 25,100 703,600 Income before income taxes 267,600 Income tax expense 39,800 Net income $227,800 Kingbirds balance sheets contained the comparative data at December 31, shown below. 2020 2019 Accounts receivable $76,000 $59,600 Accounts payable 41,000 27,100 Income taxes payable 13,200 6,300 Accounts payable pertain 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).).