Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).) VAUGHN COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Question 17 of 19 View Policies Current Attempt in Progress -15 E Vaughn Company's income statement for the year ended December 31, 2025, contained the following condensed information. Service revenue $847,000 Operating expenses (excluding depreciation) $629,000 Depreciation expense 60,000 Loss on sale of equipment 26,000 715,000 Income before income taxes 132,000 Income tax expense 41,000 Net income $91,000 Vaughn's balance sheet contained the following comparative data at December 31. 2025 2024 Accounts receivable $35,000 $53,000 Accounts payable 42,000 30,000 Income taxes payable 4,100 8,800 (Accounts payable pertains to operating expenses.) Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease c flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).) VAUGHN COMPANY