SO MAD COMPANY Income Statement For Year Ended December 31 Sales $ 2,856,663 Cost of goods sold 1,88?,44B Gross profit 1,848,568 Operating expenses Salaries expense $ 281,672 Depreciation expense 49,344 Rent expense 55,512 Amortization expensesPatents 6,168 Utilities expense 22,616 415,312 633,248 Gain on sale of equipment 8,224 Net income $ 641,472 Accounts receivable $ 11,158 increase Accounts payable $ 9,975 decrease Inventory 27,388 increase Salaries payable 5,458 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.) 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 _