software associates income statement for the year ended december 31, 2021 net sales $ 700,000 expenses: cost of goods sold $ 415,000 operating expenses 129,000 depreciation expense 32,900 income tax expense 48,500 total expenses 625,400 net income $ 74,600 software associates selected balance sheet data december 31, 2021, compared to december 31, 2020 decrease in accounts receivable $ 9,900 decrease in inventory 12,900 increase in prepaid rent 2,900 decrease in salaries payable 3,900 increase in accounts payable 6,900 increase in income tax payable 7,900 required: prepare the operating activities section of the statement of cash flows for software associates using the direct method. (list cash outflows as negative amounts.)