Zumbrunn Company's income statement contained the following condensed information. $970,600 ZUMBRUNN COMPANY Income Statement For the Year Ended December 31, 2020 Service revenue Operating expenses, excluding depreciation $625,000 Depreciation expense 55,500 Loss on disposal of plant assets 26,000 Income before income taxes Income tax expense Net income 706,500 264,100 40,800 $223,300 Zumbrunn's balance sheets contained the comparative data at December 31, shown below. Accounts receivable Accounts payable Income taxes payable 2020 $76,000 41,300 10,700 2019 $59,500 27,900 6,800 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the direct method. ZUMBRUNN COMPANY Partial Statement of Cash Flows $ cash payments: $