Portions of the financial statements for Software Associates are provided below. Net sales Expenses: SOFTWARE ASSOCIATES Income Statement For the Year Ended December 31, 2024 Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses Net income $608,000 $368,000 118,000 31,800 43,000 560,800 $47,200 SOFTWARE ASSOCIATES Selected Balance Sheet Data December 31, 2024, compared to December 31, 2023 Decrease in accounts receivable Decrease in inventory Increase in prepaid rent Decrease in salaries payable Increase in accounts payable Increase in income tax payable Required: $8,800 11,800 1,800 2,800 5,800 6,800 Prepare the operating activities section of the statement of cash flows for Software Associates using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)