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 $2, 134, 600 1, 045, 660 1,888, 340 Salaries expense Depreciation expense Rent expense Amortization expense-Patents Utilities expense $292,358 51,216 57, 618 6, 402 23, 474 431, 068 657, 277 8,536 665, 808 Gain on sale of equipment Net income $ Additional Year-End Balance Sheet Data Accounts receivable Inventory Accounts payable Salaries payable $39, 400 increase 22,125 increase 14, 775 decrease 4, 950 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 Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash