Vaughn Company's income statement contained the following condensed information. $970.800 VAUGHN COMPANY Income Statement For the Year Ended December 31, 2022 Service revenue Operating expenses, excluding depreciation $624,200 Depreciation expense 56,000 Loss on disposal of plant assets 25.200 Income before income taxes Income tax expense 705,400 265,400 39.000 Net income $226,400 Vaughn's balance sheets contained the comparative data at December 31, shown below. Accounts receivable Accounts payable Income taxes payable 2022 575.300 41,000 2021 $59,300 28.500 12.300 7,000 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis eg. (15,000).) VAUGHN COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activitles Cash Receipts from Customers $ Less V cash payments: For Income Taxes $ For Operating Expenses II OP Net Cash Provided by Operating Activities