View Policies Current Attempt in Progress Wildhorse Cors income statement contained the condensed information below. $1,358,000 Wildhorse Co. Income Statement For the Year Ended December 31, 2022 , Service revenue Operating expenses, excluding depreciation $859,600 Depreciation expense 77,000 Loss on disposal of plant assets 22,400 Income before income taxes Income tax expense 959,000 399,000 78,400 $320,600 Net income Wildhorse Co.'s balance sheets contained the following comparative data at December 31. Accounts receivable Accounts payable Income taxes payable 2022 $98,000 57,400 18.200 2021 $84,000 44,800 9,800 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000).) Wildhorse Co. Partial Statement of Cash Flows V Adjustments to reconcile net income to $ V $ Save for Later Attempts: 0 of 7 used Submit