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

PEACH COMPUTER
Income Statement
For the year ended December 31, 2024
Net sales		$1,775,000
Expenses:
Cost of goods sold	$1,040,000
Operating expenses	550,000
Depreciation expense	49,000
Income tax expense	39,000
Total expenses		1,678,000
Net income		$97,000

PEACH COMPUTER
Selected Balance Sheet Data
December 31
	2024	2023	Increase (I) or Decrease (D)
Cash	$101,000	$84,500	$16,500	(I)
Accounts receivable	46,100	49,500	3,400	(D)
Inventory	74,000	54,500	19,500	(I)
Prepaid rent	2,900	4,800	1,900	(D)
Accounts payable	44,000	36,500	7,500	(I)
Income tax payable	4,900	9,500	4,600	(D)

Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method.