Portions of the financial statements for Software Associates are provided below. $620,000 SOFTWARE ASSOCINTES Income Statement For the year ended December 31, 2021 Net sales Expenses: Cost of goods sold $375,000 Operating expenses 121,000 Depreciation expense 32,200 Income tax expense 44,500 Total expenses het income 572.500 $ 47.400 SOFTWARE ASSOCIATES Selected Balance sheet Data December 5, 2021, compared to December 31, 2020 Decrease in accounts receivabla $ 9,200 Decrease in Inventory 12,100 Increase in prepaid rent 2.100 Decrease in salarios payable 3.100 Increase in accounts payable 6.100 Increase in Lome tax payable 7,100 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 Selected Balance Sheet Data December 31, 2021, compared to December 31, 2020 Decrease in accounts receivable $ 9,100 Decrease in inventory 12,100 Increase in prepaid rent 2,100 Decrease in salaries payable 3,100 Increase in accounts payable 6,200 Increase in income tax payable 7,100 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 (Partial For the Year Ended December 31, 2021 Cash Flows from Operating Activities Cash received from customers Cach paid to suppliers Cash paid for operating and Cash paid for income 0 Not cash flows from operating av