#4 make answers small to fit page

Using the following income statement and additional year end information SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense 5208,514 Depreciation expense 36,528 Rent expense 41,094 Amortization expenses-Patents 4,566 Utilities expense 16,742 $1.522.000 745,78 776,220 Gain on sale of equipment Net Income 307, 446 453.776 6,088 5 474,864 Accounts receivable Inventory 543,100 increase 15,975 Increase Accounts payable Salacles payable 58,750 decrease 1,809 decrease Prepare the operating activities section of the statement of cash flows using the direct method (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (Partial Cash flows from operating activities