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 Salaries expense $274, 274 Depreciation expense 48,048 Rent expense 54,054 Amortization expense-Patents 6,006 Utilities expense 22,022 $2,002,000 980,980 1,021, 020 404,404 616,616 8,008 $ 624,624 Gain on sale of equipment Net income Additional Year-End Balance Sheet Data Accounts receivable $19,550 increase Inventory 27,225 increase Accounts payable 14,600 decrease Salaries payable 5,050 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 Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Additional Year-End Balance Sheet Data Accounts receivable $19,550 increase Inventory 27,225 increase Accounts payable 14,600 decrease Salaries payable 5,050 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 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 $