PEACH COMPUTER Income Statement For the year ended December 31202 Net sales $1,800,000 Expenses Cost of goods $1.050,000 560,000 50,000 sold Operating expenses Depreciation expense Income tax expense Total expenses Net Income 40,000 rence 1,700,000 100,000 PEACE CONTRE Selected Balance Sheet Data December 31 thereas 2021 2020 Decrease $102,000 $25,000 $1,000 Ncount receivable Inventory 75.000 55.000 20.000 PEO Recounts Esbe 5,000 10,000 5.000 DE Prepare the operating activities section of be statement of Sows for Peaca-Comter using the direct method List cash Outhows and any decrease in cash as negative amounts PEACHECOMPUTER Statement of Cash Flow partii For the Year Ended December 31, 2021 shows from operating