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

PEACH COMPUTER Income Statement For the year ended December 31, 2018
Net sales		$2,025,000
Expenses:
Cost of goods sold	$1,140,000
Operating expenses	650,000
Depreciation expense	59,000
Income tax expense	49,000
Total expenses		1,898,000
Net income		$ 127,000

PEACH COMPUTER Selected Balance Sheet Data December 31
	2018	2017	Increase (I) or Decrease (D)
Cash	$111,000	$89,500	$21,500	(I)
Accounts receivable	45,900	53,500	7,600	(D)
Inventory	84,000	59,500	24,500	(I)
Prepaid rent	3,900	6,800	2,900	(D)
Accounts payable	54,000	41,500	12,500	(I)
Income tax payable	5,900	14,500	8,600	(D)

Required:

Prepare the operating activities section of the statement of cash flows for Peach Computer using the DIRECTmethod. (List cash outflows as negative amounts.)