Problem 12-5A Vaughn Manufacturing's income statement contained the condensed information below. Vaughn Manufacturing Income Statement For the Year Ended December 31, 2017 Service revenue $2,599,600 Operating expenses, excluding depreciation $1,645,520 147,400 Depreciation expense 42,880 1,835,800 Loss on disposal of plant assets Income before income taxes 763,800 150,080 Income tax expense $613,720 Net income Vaughn Manufacturing's balance sheet contained the comparative data at December 31. 2017 2016 $187,600 Accounts receivable $160,800 109,880 Accounts payable 85,760 Income taxes payable 34,840 18,760 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)