Question 5 of 12 0.36 / 1 III Sarasota Company's income statement for the year ended December 31, 2020, contained the following condensed information. $844,000 Service revenue Operating expenses (excluding depreciation) Depreciation expense Loss on sale of equipment Income before income taxes Income tax expense Net income $628,000 60,000 26,000 714,000 130,000 40,000 $90,000 Sarasota's balance sheet contained the following comparative data at December 31. 2019 Accounts receivable Accounts payable Income taxes payable 2020 $37,000 43,000 4,000 $56,000 29,000 8,100 (Accounts payable pertains to operating expenses.) Prepare the operating activities section of the statement of cash flows using the direct method. SARASOTA COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31, 2020 Cash Flows from Operating Activities $ 90,000 Decrease in Accounts Receivable $ 19000 Increase in Accounts Payable 14,000 114,900 Net Cash Provided by Operating Activities $ 204,900