Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2024 Net sales Expenses: Cost of goods sold Operating expenses. Depreciation expense Income tax expense Total expenses Net income Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable $950,000 460,000 40,000 30,000 PEACH COMPUTER Selected Balance Sheet Data December 31 2024 $92,000 47,000 65,000 2,000 35,000 4,000 2023 $80,000 54,000 50,000 3,000 32,000 5,000 $1,550,000 1,480,000 $70,000 Increase (I) or Decrease (D) $12,000 (I) (D) (I) 1,000 (D) 7,000 15,000 3,000 (I) 1,000 (D) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method. (