SUNLAND COMPANY Income Statement For the Year Ended December 31, 2022 Service revenue Operating expenses, excluding depreciation $624,000 Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income $972,000 54,000 25,100 703,100 268,900 39,200 $229,700 Sunland's balance sheets contained the comparative data at December 31, shown below. 2022 2021 Accounts receivable $74,500 $60,900 Accounts payable 42,000 27,300 Income taxes payable 12,300 7,900 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)