$\backslash$table$[[\backslash$table$[[$PEACH COMPUTER$],[$Income Statement$],[$For the year ended December $31,2026]]],[$Net sales,,$ $1,975,000],[$Expenses:$,,],[$Cost of goods sold,$ $1,120,000,],[$Operating expenses,$630,000,],[$Stock$-$based compensation expense,$57,000,],[$Income tax expense,$47,000,],[$Total expenses,,$1,854,000],[$Net income,,$ $121,000]]$

Required:

Prepare the operating activities section of the statement of cash flows for Peach Computer using the direct method.

Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$PEACH COMPUTER$],[$Statement of Cash Flows $($partial$)],[$For the Year Ended December $31,2026],[$Cash flows from operating activities$],[$Net income$]]$

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