Portions of the financial statements for Peach Computer are provided below. sold PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $2,050,000 Expenses: cost of goods $1,150,000 Operating 660,000 expenses Depreciation 60,000 expense Income tax 50,000 expense Total 1,920,000 expenses Net income $ 130,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase (I) or Decrease 2021 2020 (D) Cash $112,000 $90,000 $22,000 (I) Accounts 46,000 54,000 8,000 (D) receivable Inventory 85,000 60,000 25,000 (I) Prepaid rent 4,000 7,000 3,000 (D) Accounts 55,000 42,000 13,000 (I) payable Income tax 6,000 15,000 9,000 (D) payable Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect 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: Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating activities