Portions of the financial statements for Peach Computer are provided below PEACH COMPUTER Income Statement For the year ended December 31, 2018 Net sales $1.975,000 Expenses Cost of goods sold $1,120,000 Operating expenses 630,000 Depreciation expense 57000 Income tax expense 47000 Total expenses 1,854,000 Net income $ 121,000 PEACH COMPUTER Selected Balance Sheet Data December 31 Increase or 2018 2017 Decrease (D $109,000$88,500 Cash $20.5000 Accounts receivable 45,700 52,500 6,800 (D) Inventory 82,000 58,500 23.500 (0) Prepaid rent 3,700 6,400 2,700 (D) Accounts payable 52,000 40,500 11:5000 Income tax payable 5,700 13,500 7,800 (D) PEACH COMPUTER Selected Balance Sheet Data December 31 increase or 2018 2017 Decrease (D) $109,000$88,500 Cash $20,500 (0) Accounts receivable 45,700 52.500 6,800 (D) Inventory 82,000 58.500 23.500 (0) Prepaid rent 3,700 6,400 2.700 (D) Accounts payable 52.000 40,500 11,500 (0) Income tax payable 5,700 13,500 7,800 (D) Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method (List cash outflows as negative amounts.) PEACH COMPUTER Statement of Cash Flow (partial) For the Year Ended December 31, 2018 Cash flows from operating activities Net cash flows from operating activities $ 0