Portions of the financial statements for Software Associates are provided below. $509,000 SOFTWARE ASSOCTATES Income Statement For the year ended December 31, 2021 Net sales Expenses: Cost of goods sold 5369, eee Operating expenses 119,000 Depreciation expense 31,980 Income tax expense 43,500 Total expenses Net income 563,40e $ 45,600 SOFTWARE ASSOCIATES Selected Balance Sheet Data December 31, 2021, compared to December 31, 2020 Decrease in accounts receivable $ 9,900 Decrease in Inventory 21,900 Increase in prepaid rent 1.900 Decrease in salaries payable 2.900 Increase in accounts payable 5,900 Increase in income tax payable 6,900 Required: Prepare the operating activities section of the statement of cash flows for Software Associates using the direct method (List cash outflows as negative amounts.) SOFTWARE ASSOCIATES Statement of Cash Flow (Partia For the Year Ended December 31, 2021 Cash Flows from Operating Activities