Portions of the financial statements for Peach Computer are provided below. Net sales Expenses: PEACH COMPUTER Income Statement For the year ended December 31, 2024 Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses Net income Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable PEACH COMPUTER Selected Balance Sheet Data December 31 $970,000 480,000 42,000 32,000 2024 $94,000 46,800 67,000 Cash flows from operating activities: 2,200 37,000 4,200 2023 $81,000 53,000 51,000 3,400 33,000 6,000 PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 $1,600,000 1,524,000 $76,000 Increase (I) or Decrease (D) $13,000 (I) 6,200 (D) 16,000 (I) 1,200 4,000 1,800 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.) (D) (I) (D)

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.)