The following income statement along with additional year-end information about changes in noncash current assets and current liabilities are reported. $2,174,000 1,065,260 1,108,740 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $297,838 Depreciation expense 52,176 Rent expense 58,698 Amortization expense-Patents 6,522 Utilities expense 23,914 Gain on sale of equipment Net income 439, 148 669,592 8.696 $ 678,288 Additional Year-End Balance Sheet Data Accounts receivable $10,600 increase Inventory 12,175 increase Accounts payable 15,800 decrease Salaries payable 4,300 decrease Required: Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign.) Required: Prepare only the cash flows from 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