Splish Brothers Inc.'s income statement contained the condensed information below. Service revenue Splish Brothers Inc. Income Statement For the Year Ended December 31, 2022 Operating expenses, excluding depreciation $1,043,800 Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income 93,500 27,200 $1,649,000 1,164,500 484,500 95,200 $389,300 Splich Brothers Inc's balance sheets contained the following comparative data at December

Splish Brothers Inc.'s income statement contained the condensed information below. Splish Brothers Inc's balance sheets contained the following comparative data at December 31 . Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the direct method. Splish Brothers Inc. Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Cash Receipts from Customers $ For Income Taxes For Operating Expenses $ 484500 294100 Net Cash Provided by Operating Activities