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

PEACH COMPUTER Income Statement For the year ended December 31, 2018
Net sales		$1,975,000
Expenses:
Cost of goods sold	$1,120,000
Operating expenses	630,000
Depreciation expense	57,000
Income tax expense	47,000
Total expenses		1,854,000
Net income		$ 121,000

PEACH COMPUTER Selected Balance Sheet Data December 31
	2018	2017	Increase (I) or Decrease (D)
Cash	$109,000	$88,500	$20,500	(I)
Accounts receivable	45,700	52,500	6,800	(D)
Inventory	82,000	58,500	23,500	(I)
Prepaid rent	3,700	6,400	2,700	(D)
Accounts payable	52,000	40,500	11,500	(I)
Income tax payable	5,700	13,500	7,800	(D)

Required:

Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)

PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities