Pharoah Company's income statement contained the condensed information below. $2,134,000 Pharoah Company Income Statement For the Year Ended December 31, 2022 Service revenue Operating expenses, excluding depreciation $1,350,800 Depreciation expense 121,000 Loss on disposal of plant assets 35,200 Income before income taxes Income tax expense Net income 1,507.000 627,000 123,200 $503,800 Pharoah Company's balance sheets contained the following comparative data at Dec Accounts receivable Accounts payable Income taxes payable 2022 $154,000 90,200 28,600 2021 $132.000 70,400 15,400 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the indir flow with either a - signe... -15,000 or in parenthesis e.g. (15,000.) MacBook Pro Accounts payable pertain to operating Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - signeg.-15,000 or in parenthesis eg. (15,000).) Pharoah Company Partial Statement of Cash Flows Adjustments to reconcile net income to $