Portions of the financial statements for Peach Computer are provided below.

PEACH COMPUTER
Income Statement
For the year ended December 31, 2024
Net sales		$1,950,000
Expenses:
Cost of goods sold	$1,110,000
Operating expenses	620,000
Depreciation expense	56,000
Income tax expense	46,000
Total expenses		1,832,000
Net income		$118,000

PEACH COMPUTER
Selected Balance Sheet Data
December 31
	2024	2023	Increase (I) or Decrease (D)
Cash	$108,000	$88,000	$20,000	(I)
Accounts receivable	45,600	52,000	6,400	(D)
Inventory	81,000	58,000	23,000	(I)
Prepaid rent	3,600	6,200	2,600	(D)
Accounts payable	51,000	40,000	11,000	(I)
Income tax payable	5,600	13,000	7,400	(D)

Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method. (Amounts to be deducted should be indicated with a minus sign.)

PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 \begin{tabular}{|l|l|l|} \hline Cash flows from operating activities & & \\ \hline & & \\ \hline Net cash flows from operating activities & & \\ \hline \end{tabular}