The red is incorrect. I will upvote

Selected information from Sandhill Lid's statement of financial position and statement of income is as follows: Additional information: 1. Prepaid expenses and property tax payable relate to other operating expenses: 2. Accounts payable relate to purchases of inventory. 3. Operatingexpenses included depreciation expense of $12,800 and a los of $5,100 on the disposal of equipment Prepare the operating activities section of the statement of cash flows using the direct method