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Portions of the financial statements for Peach Computer are provided below. Required: Prepare the operating activities section of the statement of cash flows for Peach

Portions of the financial statements for Peach Computer are provided below. 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.)
\table[[PEACH COMPUTER,,],[Income Statement,,],[For the year ended December 31,2024,,],[Net sales,$1,030,000,],[Expenses:,540,000,],[Cost of goods sold,48,000,],[Operating expenses,38,000,],[Depreciation expense,,1,750,000],[Income tax expense,,],[Total expenses,,],[Net income,,]]
\table[[\table[[PEACH COMPUTER],[Selected Balance Sheet Data],[December 31]]],[,,,\table[[Increase (I) or]]],[Cash,$100,000,$84,000,$16,000],[Accounts receivable,46,200,50,000,3,800],[Inventory,73,000,54,000,19,000],[Prepaid rent,2,800,4,600,1,800],[Accounts payable,43,000,36,000,7,000],[Income tax payable,4,800,9,000,4,200]]
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