Portions of the financial statements for Peach Computer are provided below. Net sales Expenses: PEACH COMPUTER Income Statement For the year ended December 31, 2024 Cost of goods sold $2,000,000 Operating expenses Depreciation expense Income tax expense ook Total expenses Net income ences $1,130,000 640,000 58,000 48,000 1,876,000 $124,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase (I) or 2024 2023 Decrease (D) Cash $110,000 $89,000 $21,000 (I) Accounts receivable 45,800 53,000 7,200 (D) Inventory 83,000 59,000 24,000 (I) Prepaid rent 3,800 6,600 2,800 (D) Accounts payable 53,000 41,000 12,000 (I) Income tax payable 5,800 14,000 8,200 (D) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer us deducted should be indicated with a minus sign.) PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024