Problem 17-6A Zumbrunn Company's income statement contained the condensed information below ZUMBRUNN COMPANY Income Statement For the Year Ended December 31, 2017 Service revenue Operating expenses, excluding depreciation$624.100 Depreciation expense Loss on disposal of equipment Income before income taxes Income tax expense Net income $971.500 54.900 25,600 704,600 266,900 39.900 $227.000 Zumbrunn's balance sheet contained the comparative data at December 31, shown below 2017 2016 Accounts receiyable Accounts payable Income taxes pavssle $75.500 41 100 11.600 $61 000 28,900 6,400 Aecounts payable pertain so operating expenses Prepare the operating actvitier section of the statement of cash flows using the direct method ZUMBRUNN COMPANY Partial Statement of Cash Flaw