Portions of the financial statements for Horizon Telecom are provided below. HORIZON TELECOM Income Statement For the year ended December 31, 2021 Revenues $619,000 Expenses: Cost of goods sold $365,000 Operating expenses 112,000 Depreciation expense 32,000 Income tax expense 55,000 Total expenses 564,000 Net Income $ 55,000 HORIZON TELECOM Selected Balance Sheet Data December 31, 2021 Increase in accounts receivable Increase in inventory Decrease in prepaid rent Increase in operating expenses payable Decrease in accounts payable Increase in income tax payable $ 5,700 12,500 10,200 5,600 6,400 21,900 Required: Prepare the operating activities section of the statement of cash flows for Horizon Telecom using the direct method. (Amounts to be deducted should be indicated with a minus sign.) HORIZON TELECOM Statement of Cash Flows (partia) For the year ended December 31, 2021 Cash Flows from Operating Activities Net cash flows from operating activities