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The income statement of Splish Company is shown below. Splish Company Income Statement For the Year Ended December 31, 2025 Sales revenue $6,860,000 Cost of

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The income statement of Splish Company is shown below. Splish Company Income Statement For the Year Ended December 31, 2025 Sales revenue $6,860,000 Cost of goods sold Beginning inventory $1,810,000 \begin{tabular}{lr} Purchases & 4,790,000 \\ \cline { 2 - 2 } Goods available for sale & 6,600,000 \end{tabular} Ending inventory 1,570,000 Cost of goods sold Gross profit 1,830,0005,030,000 Operating expenses Selling expenses 420,000 Administrativ \begin{array}{l} 640,000$770,0001,060,000\hline\end{array} Additional information: 1. Accounts receivable decreased $280,000 during the year. 2. Prepaid expenses increased $160,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $250,000 during the year. 4. Accrued expenses payable decreased $110,000 during the year. 5. Administrative expenses include depreciation expense of $70,000. Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2025, for Splish Company, using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. 15,000 or in parenthesis es. (15,000). Partial Statement of Cash Flows For the Year Ended December 31, 2025 : Cash Flows from Operating Activitios Net Income $770000 Adjustments to reconcile net income to $

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