Portions of the financial statements for Peach Computer are provided below. PEACH COMPUTER Income Statement For the year ended December 31, 2021 Net sales $1,925,000 Expenses: Cost of goods $1,100,000 sold Operating 610,000 expenses Depreciation 55,000 expense Income tax 45,000 expense Total 1,810,000 expenses Net income $ 115,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase (I) or Decrease 2021 2020 (D) Cash $107,000 $87,500 $19,500 (I) Accounts 45,500 51,500 6,000 (D) receivable Inventory 80,000 57,500 22,500 (I) Prepaid rent 3,500 6,000 2,500 (D) Accounts 50,000 39,500 10,500 (I) payable Income tax 5,500 12,500 7,000 (D) payable Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) PEACH COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2021 Cash flows from operating activities: Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities