Vaughn Manufacturing's income statement contained the condensed information below Vaughn Manufacturing Income Statement For the Year Ended December 31, 2017 Service revenue Operating expenses, excluding depreciation Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income $2,599,600 $1,645,520 147,400 42,880 1,835,800 763,800 150,080 613,720 Vaughn Manufacturing's balance sheet contained the comparative data at December 31 2017 2016 187,600 109,880 34,840 $160,800 85,760 18,760 Accounts payable Income taxes payable Accounts payable pertain to operating expenses Prepare the operating activities section of the statement of cash hows 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).) For the Year Ended December 31, 2017 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Loss on Disposal of Plant Assets Increase in Accounts Receivable Increase in Income Taxes Payable Increase in Accounts Payable Net Cash Provided by Operating Activities