Waterway Corporation had the following 2017 income statement. Sales revenue Cost of goods sold Gross profit Operating expenses (includes depreciation of $22,000) Net income $203,000 129,000 74,000 53,000 $21,000 The following accounts increased during 2017: Accounts Receivable $11,000, Inventory $10,000, Accounts Payable $12,000. Prepare the cash flows from operating activities section of Waterway's 2017 statement of cash flows using the direct method. Waterway Corporation Statement of Cash Flows-Direct Method (Partial)