MAP Inc. income statement for the year ended December 31, 2019, contained the following condensed information.

MAP Inc. income statement for the year ended December 31, 2019, contained the following condensed information. (5 Marks) Service revenue 900,000 Operating expenses (excluding depreciation) 570,000 Depreciation expense 70,000 (640,000) Gain on sale of equipment 26,000 Income before income taxes 286,000 Income tax expense 56,000 Net income 230,000 MAP's statement of nancial position contained the following comparative data at December 31. 2019 2018 Accounts receivable 50,000 49,000 Accounts payable 36,000 31,000 Income taxes payable 4,000 8,500 Instructions Prepare the operating activities section of the statement of cash flows using the indirect method