The income statement of Pharoah Company is shown below. Question 7 of 20 \begin{tabular}{lrr} rurcnases & 4,310,000 \\ \cline { 2 - 2 } Goods available for sale & 6,340,000 & \\ Ending inventory & 1,690,000 & \\ Cost of goods sold & & 4,650,000 \\ Gross profit & & 2,380,000 \end{tabular} Operating expenses Selling expenses 470,000 Administrative expenses Net income Prepare the operating activities section of the statement of cash flows for the year ended December 31,2025 , for Pharoah Company, 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). Question 7 of 20 0.24/0.6 Depreciation Expense Decrease in Accounts Receivable Decrease in Inventory Increase in Prepaid Expenses Increase in Accrued Expenses Pavable Decrease in Accounts Payable Net Cash Provided by Operating Activities Additional information: 1. Accounts receivable decreased $280,000 during the year. 2. Prepaid expenses increased $170,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $270,000 during the year. 4. Accrued expenses payable decreased $130,000 during the year. 5. Administrative expenses include depreciation expense of $60,000