The income statement of Tamache Corporation is shown below: TAMACHE CORPORATION Statement of Income Year Ended December 31, 2020 Sales revenue $9,348,000 Cost of goods sold 5,700,000 Gross profit 3,648,000 Operating expenses $1,903,800 Depreciation expense 91,200 1,995,000 Profit before income tax $1,653,000 Income tax expense 578,550 Net income $1,074,450 Additional information: 1. 2. Accounts receivable decreased $342,000 during the year. Prepaid expenses increased $228,000 during the year. Inventory decreased $456,000 during the year. Accounts payable decreased $513,000 during the year. 3. 4. 5. Wages payable decreased $171,000 during the year. 6. Operating expenses included wages of $1,254,000. Cash Flows from Operating Activities Net Income $ Adjustments to reconcile profit to