Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $1,850, eee Expenses: Cost of goods soid $1,070, een Operating expenses 580,000 Depreciation expense 52,000 Income tax expense 42, cea Total expenses 1,744.000 Net income $ 186,080 PEACH COMPUTER Selected Balance Sheet Data December 31 Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable 2821 $184,800 45,200 77,000 3,200 47,000 5,200 2020 $86,800 Se, eee 56,000 5,400 38,000 11,000 Increase (1) or Decrease (D) $18,000 (1) 4,800 (0) 21,000 (1) 2,200 (D) 9,800 (I) 5,880 (D) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method. (List cash outflows and any decrease in cash as negative amounts.) PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2021 Cash flows from operating activities: Net cash flows from operating activities 5