The income statement of Lily Company is presented here. LILY COMPANY Income Statement For the Year Ended November 30, 2022 Sales revenue $7,502,400 Cost of goods sold Beginning inventory $2,081,800 Purchases 4,310,200 Goods available for sale 6,392,000 Ending inventory 1,691,000 Total cost of goods sold 4,701,000 Gross profit 2,801,400 Operating expenses Selling expenses 450,000 Administrative expenses 711,300 1,161,300 Net income $1,640,100 Additional information: 1. Accounts receivable decreased $385,200 during the year, and inventory decreased $390,800. 2. Prepaid expenses increased $182,800 during the year. 3. Accounts payable to suppliers of inventory decreased $341,000 during the year. 4. Accrued expenses payable decreased $109,800 during the year. 5. Administrative expenses include depreciation expense of $110,900. 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).)