Novak Company's income statement for the year ended December 31, 2020. contained the following condensed information. $839,000 Service revenue Operating expenses (excluding depreciation) $624.000 Depreciation expense 60,000 Loss on sale of equipment 26.000 Income before income taxes Income tax expense Net income 710,000 129,000 39,000 $90,000 Novak's balance sheet contained the following comparative data at December 31 Accounts receivable Accounts payable Income taxes payable 2020 2019 $39,000 $53.000 40.000 32.000 4.2008,300 (Accounts payable pertains 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 eg.-15,000 or in parenthesis e.g. (15,000).) NOVAK COMPANY Statement of Cash Flows (Partial) Adjustments to reconcile net income to