The following income statement along with additional year-end information about changes in noncash current assets and current liabilities are reported SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses $1,753,000 858,970 894,030 $240,161 42,072 47,331 5,259 19,283 Salaries expense Depreciation expense Rent expense Amortization expense-Patents Utilities expense 354,106 539,924 7,012 $ 546,936 Gain on sale of equipment Net income Additional Year-End Balance Sheet Data Accounts receivable Inventory Accounts payable Salaries payable $48, 800 increase 36,925 increase 8,450 decrease 2,250 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.) Statement of Cash Flows (partial) Cash flows from operating activities 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 Net income Adjustments to reconcile net income to net cash provided by operating activities ncome statement items not affecting cash Depreciation expense Amortization expense Patents Gain on sale of equipment Changes in current operating assets and liabilities Increase in accounts receivable Increase in inventory Decrease in accounts payable Decrease in salaries payable 0