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

PEACH COMPUTER

Income Statement

For the year ended December $31,2024$

$$1,900,000$

Net sales

Expenses:

Cost of goods sold $$1,090,000$

Operating expenses $,600,000$

Depreciation expense $,54,000$

Income tax expense $44,000$

Total expenses

Net income

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.$)$