Zumbrunn Companys income statement contained the condensed information below.

ZUMBRUNN COMPANY Income Statement For the Year Ended December 31, 2017
Service revenue				$970,700
Operating expenses, excluding depreciation		$624,000
Depreciation expense		56,000
Loss on disposal of equipment		25,800		705,800
Income before income taxes				264,900
Income tax expense				39,000
Net income				$225,900

Zumbrunns balance sheet contained the comparative data at December 31, shown below.

		2017		2016
Accounts receivable		$74,300		$59,700
Accounts payable		40,100		27,900
Income taxes payable		12,300		6,500

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 e.g. -15,000 or in parenthesis e.g. (15,000).)

please include all answers and calculations. thank you

ZUMBRUNN COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to