Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2018 Net sales $1,750,000 Expenses: Cost of goods sold $1.030,000 Operating expenses 540.000 Depreciation expense 48.000 Income tax expense 38.000 Total expenses 1.656.000 Net income $ 94,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase (0) or 2018 2017 Decrease (D) $100,000$84.000 $16.000 (6) Cash Accounts receivable 46,200 50.000 3,800 (D) Inventory 73.000 54.000 19.000 (1) Prepaid rent 2.800 4.600 1,800 (D) Accounts payable 43.000 36,000 7,000 (U) Income tax payable 4.800 9,000 4.200 (D) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method. (Llst cash outflows as negative amounts.) PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2018 Cash flows from operating activities: Net cash flows from operating activities