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Tamarisk, Inc.'s income statement contained the condensed information below. Tamarisk, Inc. Income Statement For the Year Ended December 31, 2022 Service revenue $1,843,000 Operating expenses,
Tamarisk, Inc.'s income statement contained the condensed information below. Tamarisk, Inc. Income Statement For the Year Ended December 31, 2022 Service revenue $1,843,000 Operating expenses, excluding depreciation $1,166,600 Depreciation expense 104,500 Loss on disposal of plant assets 30,400 1,301,500 Income before income taxes 541,500 Income tax expense 106,400 Net income $435,100 Tamarisk, Inc's balance sheets contained the following comparative data at December 31. 2022 2021 Accounts receivable Accounts payable $133,000 $114,000 77,900 60,800 24,700 13,300 Income taxes payable Accounts payable pertain to operating expenses. 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).) Tamarisk, Inc. Partial Statement of Cash Flows $ Adjustments to reconcile net income to
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