Pina Company's income statement for the year ended December 31, 2025, contained the following condensed information. Service revenue Operating expenses (excluding depreciation) $621,000 Depreciation expense Loss on sale of equipment Income before income taxes Income tax expense Net income $849,000 60,000 27,000 708,000 141,000 40,000 $101,000 Pina's balance sheet contained the following comparative data at December 31. 2025 2024 Accounts receivable $36,000 $52,000 Accounts payable 43,000 32,000 Income taxes payable 4,100 8,200 (Accounts payable pertains to operating expenses.) Prepare the operating activities section of the statement of cash flows using the direct method. PINA COMPANY Partial Statement of Cash Flows