Portions of the financial statements for Horizon Telecom are provided below. HORIZON TELECOM Income Statement For the year ended December 31, 2021 Revenues Expenses: Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses Net Income $611,000 $369,000 112,000 32,000 49,000 562,000 $ 49,000 HORIZON TELECOM Selected Balance Sheet Data December 31, 2021 Increase in accounts receivable $ 5,700 Increase in inventory 12,400 Decrease in prepaid rent 10,800 Increase in operating expenses payable 6,300 Decrease in accounts payable 7,600 Increase in income tax payable 20,600 Required: Prepare the operating activities section of the statement of cash flows for Horizon Telecom usin method. (Amounts to be deducted should be indicated with a minus sign.) HORIZON TELECOM Statement of Cash Flows (partial) For the year ended December 31, 2021 Cash Flows from Operating Activities Net cash flows from operating activities