The income statement of Pharoah International Inc. contained the following condensed information: PHAROAH INTERNATIONAL INC. Income Statement Year Ended December 31, 2021 Service revenue Operating expenses Depreciation expense Loss on sale of equipment Profit from operations Other revenues and expenses Interest expense Profit before income taxes Income tax expense Profit $476,000 $247,000 38,000 28,000 313,000 163,000 10,600 152,400 38,100 $114,300 Pharoah's balance sheet contained the following comparative data at December 31: 2021 2020 Accounts receivable $55,000 $41,200 Prepaid insurance 5,600 8,600 Accounts payable 31,200 40,600 Operating expenses $247,000 Depreciation expense 38,000 Loss on sale of equipment 28,000 313,000 Profit from operations 163,000 Other revenues and expenses Interest expense 10,600 Profit before income taxes 152,400 Income tax expense 38,100 Profit $114,300 Pharoah's balance sheet contained the following comparative data at December 31: 2021 2020 Accounts receivable $55,000 $41,200 Prepaid insurance 5,600 8,600 Accounts payable 31,200 40,600 Interest payable 2,300 1,310 Income tax payable 3,300 5,100 Unearned revenue 12,600 8,100 Additional information: Accounts payable relate to operating expenses. Assuming Pharoah reports under ASPE, prepare the operating activities section of the cash flow statement 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).) PHAROAH INTERNATIONAL INC. Cash Flow Statement (Partial)-Indirect Method Adjustments to reconcile profit to $ $ Adjustments to reconcile profit to $ $ $