Portions of the financial statements for Horizon Telecom are provided below HORIZON TELECOM Income Statement For the Year Ended December 31, 2018 Revenues Expenses $614,000 Cost of goods sold Operating expenses Depreciation expense Income tax expense $365,000 118,000 28,000 51,500 Total expenses 562,500 Net Income S 51,500 HORIZON TELECOM Selected Balance Sheet Data December 31, 2018 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 S 4,500 12,700 10,800 5,900 7,700 21.400 Prepare the operating activities section of the statement of cash flows for Horizon Telecom using the indirect method