The income statement of Novak Corp. is presented here. 1. Accounts receivable increased $198,900 during the year, and inventory decreased $542,200. 2. Prepaid expenses increased $180,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $334,000 during the year. 4. Accrued expenses payable decreased $108,500 during the year. 5. Operating expenses include depreciation expense of $98,000. Prepare the operating activities section of the statement of cash flows using the direct method