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Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2018 $2,050,000 Net sales

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Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2018 $2,050,000 Net sales Expenses: $1.150,000 Cost of goods sold 660.000 Operating expenses 60,000 Depreciation expense 50.000 Income tax expense 1,920,000 Total expenses 130,000 Net income PEACH COMPUTER Selected Balance Sheet Data December 31 increase 2017 Decrease (D) 2018 $22.000 (0 $112,000 $90,000 Cash 54.000 8,000 (D) 46,000 Accounts receivable 85.000 60,000 25.000 Inventory 4.000 7.000 3,000 (D) Prepaid rent 55.000 42,000 6.000 15.000 13.000 Accounts payable Income tax payable Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method

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