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

PEACH COMPUTER
Income Statement
For the year ended December 31, 2024
Net sales		$1,650,000
Expenses:
Cost of goods sold	$990,000
Operating expenses	500,000
Depreciation expense	44,000
Income tax expense	34,000
Total expenses		1,568,000
Net income		$82,000

PEACH COMPUTER
Selected Balance Sheet Data
December 31
	2024	2023	Increase (I) or Decrease (D)
Cash	$96,000	$82,000	$14,000	(I)
Accounts receivable	46,600	52,000	5,400	(D)
Inventory	69,000	52,000	17,000	(I)
Prepaid rent	2,400	3,800	1,400	(D)
Accounts payable	39,000	34,000	5,000	(I)
Income tax payable	4,400	7,000	2,600	(D)

Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect 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 Cash flows from operating activities: Adjustments to reconcile net income to net cash flows from operating activities