Problem 13-5A Zumbrunn Company's income statement contained the condensed information below ZUMBRUNN COMPANY Income Statement For the Year Ended December 31, 2015 Service revenue Operating expenses, excluding depreciation Depreciation e Loss on disposal of equipment Income before income taxes Income tax expense Net income $970,460 $623,800 60,980 xpense 16,870 701,650 268,810 40,720 $228,090 Zumbrunn's balance sheet contained the comparative data at December 31, shown below 2014 $60,990 27,700 7,080 2015 $75,370 41,920 10,520 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).) ZUMBRUNN COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2015 Adjustments to reconcile net income to