The statement of income of Sheffield Transport Inc. for the year ended December 31, 2020, reported the following condensed information: SHEFFIELD TRANSPORT INC. Income Statement Year Ended December 31, 2020 Service revenue $ 565,000 Operating expenses 390,000 Income from operations 175,000 Other revenues and expenses Gain on disposal of equipment $ 35,000 Interest expense 20,000 Income before income tax 15,000 190,000 Income tax 38,000 Net Income $ 152,000 Sheffield's statement of financial position included the following comparative data at December 31: 2020 2019 Accounts receivable $ 66,500 $ 79,000 Prepaid insurance 20,000 6,000 Accounts payable 44,500 72,500 Interest payable 7,000 2,250 Income tax payable 19,000 18,000 Unearned revenue 38,000 50,000 Additional information: Operating expenses include $180,000 in depreciation expense. The company follows IFRS. Assume that interest is treated as an operating activity for purposes of the statement of cash flows. (a) Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2020, 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).) SHEFFIELD TRANSPORT INC. Partial Statement of Cash Flows Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities: $ $ Net cash operating activities $