The following income statement and additional year end information is provided SOMAD COMPANY Income Statement For Year Ended December 31 Sales cost of goods sold Gross profit Coerating expenses Salaries expense $256,193 Depreciation expense 50.136 Rent expen 56,00 Amortization expenses-Patente 6,267 Utilities expense 22,979 $2,889,000 1.021, 610 1,065, 390 421.928 643,412 Gain on sale of equipment Net Income 551.768 Accounts receivable Inventory 54,900 increase 15,325 Increase Accounts payable Salaries payable $15,550 decrease 2,750 decrease Prepare the operating activitiet section of the statement of cath flows using the indirect method (Amounts to be deducted should be Indicated with a minus sign.) Stent of Powsta Chow to operating activiti Adamants to reconcile et como lo cot cash provided by operating activitas TEST Accounts receivable Inventory 548,900 Increase 15,325 Increase Accounts payable Salarses payable $15,550 decrease 2,758 decrease Prepare the operating activities section of the statement of cash flows using the Indirect mothod (Amounts to be deducted should be Indicated with a minus sign.) Statement of Cash Flows (partian Canh town from operating activities Adjustments to reconcile net income to not cash provided by operating activities Income statement is not affecting can Changes in current operatingssets and liabilities