portions of the financial statements for horizon telecom are provided below. horizon telecom income statement for the year ended december 31, 2021 revenues $ 614,000 expenses: cost of goods sold $ 361,000 operating expenses 113,000 depreciation expense 27,000 income tax expense 56,500 total expenses 557,500 net income $ 56,500 horizon telecom selected balance sheet data december 31, 2021 increase in accounts receivable $ 5,000 increase in inventory 11,500 decrease in prepaid rent 10,500 increase in operating expenses payable 5,000 decrease in accounts payable 7,500 increase in income tax payable 20,500 prepare the operating activities section of the statement of cash flows for horizon telecom using the indirect method. (amounts to be deducted and negative values should be indicated by minus sign.)