Portions of the financial statements for Software Associates are provided below. SOFTWARE ASSOCIATES Income Statement For the year ended December 31, 2021 Net sales $710,000 Expenses: Cost of goods sold 5420,000 Operating expenses 130,000 Depreciation expense 33,000 Income tax expense 49,000 Total expenses 632,000 Net income $ 78,000 SOFTWARE ASSOCIATES Selected Balance Sheet Data December 31, 2021, compared to December 31, 2020 Decrease in accounts receivable $10,000 Decrease in inventory 13. Bee Increase in prepaid rent 3,000 Decrease in salaries payable 4,600 Increase in accounts payable 7,eee Increase in income tax payable 8,000 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