The income statement and a schedule reconciling cash flows from operating activities to net income are provided below ($ in 000s) for Peach Computers.

PEACH COMPUTERS Income Statement For the Year Ended December 31, 2018
Sales					$	575.0
Cost of goods sold						(230.0	)
Gross margin						345.0
Salaries expense	$	69.0
Insurance expense		46.0
Depreciation expense		22.0
Loss on sale of land		20.0				157.0
Income before tax						188.0
Income tax expense						(94.0	)
Net income					$	94.0

Reconciliation of Net Income To Net Cash Flows from Operating Activities
Net income	$	94.0
Adjustments for Noncash Effects
Depreciation expense		22.0
Loss on sale of land		20.0
Changes in operating assets and liabilities:
Decrease in accounts receivable		24.0
Increase in inventory		(103.0	)
Decrease in accounts payable		(62.0	)
Increase in salaries payable		41.0
Decrease in prepaid insurance		18.0
Increase in income tax payable		88.4
Net cash flows from operating activities	$	142.4

Required: 1. Calculate each of the following amounts for Peach Computers: 2. Prepare the cash flows from operating activities section of the statement of cash flows (direct method).