portions of the financial statements for peach computer are provided below. peach computer income statement for the year ended december 31, 2024 net sales $1,850,000 expenses: cost of goods sold $1,070,000 operating expenses 580,000 depreciation expense 52,000 income tax expense 42,000 total expenses 1,744,000 net income $106,000 peach computer selected balance sheet data december 31 2024 2023 increase (i) or decrease (d) cash $104,000 $86,000 $18,000 (i) accounts receivable 45,200 50,000 4,800 (d) inventory 77,000 56,000 21,000 (i) prepaid rent 3,200 5,400 2,200 (d) accounts payable 47,000 38,000 9,000 (i) income tax payable 5,200 11,000 5,800 (d)