Portions of the financial statements for Horizon Telecom are provided below. HORIZON TELECOM Income Statement For the Year Ended December 312021 Revenues $618,000 Expenses cost of goods sold S 362 000 Operating expenses 119 000 Depreciation expense 32.000 Income tax expense 52,500 Total expenses 565,500 Net Income $ 52, 500 MIMIM HORIZON TELECOM Selected Balance Sheet Data December 31, 2021 Increase in accounts receivable Increase in inventory Decrease in nepalent Increase in operating expenses payabile Decrease in accounts payable Increase in income tax payable S 4,600 13,000 10,700 6,300 6,500 21,300 Prepare the operating activities section of the statement of cash flows for Horizon Telecom using the indirect method (Amounts to be deducted and negative values should be indicated by minus sign.) HORIZON TELECOM Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities