Zumbrunn Company's income statement contained the following condensed information. ZUMBRUNN COMPANY Income Statement For the Year Ended December 31, 2017 $971,200 Service revenue Operating expenses, excluding depreciation $623,300 55,200 Depreciation expense Loss on disposal of equipment 25,100 703,600 Income before income taxes 267,600 39,800 Income tax expense $227,800 Net income Zumbrunn's balance sheet contained the comparative data at December 31, shown below. 2017 2016 $76,000 $59,600 Accounts receivable Accounts payable 27,100 41,000 Income taxes payable 13,200 6,300 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).) ZUMBRUNN COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to