Problem 12-5A Bramble Corp.\'s income statement contained the condensed information below. Bramble Corp. Income Statement For the Year Ended December 31, 2017 $3,171,900 Service revenue Operating expenses, excluding depreciation 2,007,780 Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income 179,850 52,320 2,239,950 931,950 183,120 $748,830 Bramble Corp.\'s balance sheet contained the compartive data at December 31 2017 2016 Accounts receivable Accounts payable Income taxes payable $228,900 134,070 42,510 $196,200 104,640 22,890 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows using the indirect parenthesis e.g. (15,000).) Solution Prepare operating activities indirect method :Net income748830Adjustment to reconcile net incomeDepreciation expense179850Loss on disposal of plant assets52320Increase account receivable-32700Increase account payable29430Increase income tax payable19620248520Net cash flow from operating activities997350.