Check my w The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $231,941 Depreciation expense 40,632 Rent expense 45,711 Amortization expenses-Patents 5,079 Utilities expense 18,623 $1,693,000 829,570 863,430 341,986 521,444 6,772 $ 528, 216 Gain on sale of equipment Net income Accounts receivable Inventory $28, 300 increase 11,775 increase Accounts payable Salaries payable $12,775 decrease 5,950 decrease Prepare the operating activities section of the statement of cash flows using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities