your answer was incorrect please answer it correctly!

Your answer is partially correct Ivanhoe Ltd. completed its first year of operations on September 30, 2021. Ivanhoe reported the following information at September 30,2021: IVANHOE LTD. Selected balance sheet account balances at September 30, 2021 Accounts receivable $9,660 Prepaid expenses 1,302 Accrued expenses payable 4,410 Interest payable 210 Dividends payable 1,596 Income taxes payable 4,116 IVANHOE LTD. Income Statement Year Ended September 30, 2021 Service revenue $119.700 Operating expenses $51.240 Depreciation expense 5.166 Gain on sale of equipment (2,415 ) 53,991 Profit from operations 65.709 Interest expense 1,680 Profit before income tax 64,029 Income tax expense 16.170 Profit $47,859 Assuming that Ivanhoe reports under ASPE, prepare the operating section of a cash flow statement using the direct method. (Show amounts that decrease cash flow with either a - sign e.8. 15,000 or in parenthesis eg. (15,000).) IVANHOE LTD. Cash Flow Statement (partial)-Direct Method Year Ended September 30, 20214 Operating Activities Cash Receipts Cash Receipts from Customers 110.040 Cash Payments For Operating Expenses 48,132 For Interest 1.470 For Income Taxes 12.054 61.656 Net Cash Provided by Operating Activities