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Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $1,550,000

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Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $1,550,000 Expenses: Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses $950,000 460,000 40,000 30,000 ok 1,480,000 Net income 70,000 nt PEACH COMPUTER Selected Balance Sheet Data December 31 nt Increase (I) or nces 2021 $92,000 47,000 65,000 2,000 35,000 4,000 2020 $80,000 54,000 50,000 3,000 32,000 5,000 Decrease (D) $12,000 (1 7,000 (D) 15,000 (I) 1,000 Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable (D) (I) (D) 3.000 1,000 Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) PEACH COMPUTER Statement of C

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