The income statement and a schedule reconciling cash flows from operating activities to net income are provided below ($ in thousands) for Peach Computers: PEACH COMPUTERS Income Statement For the Year Ended December 31, 2024 Sales $ 395.0 Cost of goods sold (158.0) Gross margin 237.0 Salaries expense $ 45.0 Insurance expense 22.0 Depreciation expense 10.0 Loss on sale of land 8.0 85.0 Income before tax 152.0 Income tax expense (76.0) Net income $ 76.0 Reconciliation of Net Income To Net Cash Flows from Operating Activities Net income $ 76.0 Adjustments for Noncash Effects Depreciation expense 10.0 Loss on sale of land 8.0 Changes in operating assets and liabilities: Decrease in accounts receivable 12.0 Increase in inventory (43.0) Decrease in accounts payable (26.0) Increase in salaries payable 17.0 Decrease in prepaid insurance 12.0 Increase in income tax payable 72.8 Net cash flows from operating activities $ 138.8 Required: Calculate each of the following amounts for Peach Computers. Prepare the cash flows from operating activities section of the statement of cash flows (direct method).