The statement of income for Cullumber Ltd., a private company reporting under ASPE, is presented here: Cullumber Ltd. Statement of Income Year Ended September 30, 2024 Sales $11,993,000 Cost of goods sold 7,505,000 Gross profit 4,488,000 Operating expenses 2,509,000 Income from operations 1,979,000 Interest expense 197,900 Income before income tax 1,781,100 Income tax expense 502,000 Net income $1,279,100 Additional information regarding 2024: 1. Operating expenses include $26,500 of depreciation expense and a $375,500 impairment loss on equipment. 2. Accounts receivable decreased by $81,500. 3. Inventory increased by $150,000. Prepaid expenses related to operating expenses decreased by $60,000. 4. 5. Deferred revenue received from customers decreased by $169,000. 6. Interest payable decreased by $152,000. 7. Accounts payable to suppliers of inventory decreased by $250,500. 8. Rent payable related to operating expenses increased by $30,500. 9. Income tax payable increased by $94,500. (a) Prepare the operating activities section of the statement of cash flows, 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).) CULLUMBER LTD. Statement of Cash Flows (Partial) Adjustments to reconcile net income to