Problem 12-5A Shamrock, Inc.'s income statement contained the condensed information below Shamrock, Inc. Income Statement For the Year Ended December 31, 2017 Service revenue Operating expenses, excluding depreciation Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income $1,775,100 $1,123,620 100,650 29,280 1,253,550 521,550 102,480 $419,070 Shamrock, Inc.'s balance sheet contained the comparative data at December 31. 2017 2016 $109,800 58,560 12,810 Accounts receivable Accounts payable Income taxes payable Accounts payable pertain to operating expenses. 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).) $128,100 75,030 23,790 Shamrock, Inc. Partial Statement of Cash Flows Adjustments to reconcile net income to