The following income statement and additional year-end information is provided.

SONAD COMPANY Income Statement For Year Ended December 31
Sales				$	2,021,000
Cost of goods sold					990,290
Gross profit					1,030,710
Operating expenses
Salaries expense	$	276,877
Depreciation expense		48,504
Rent expense		54,567
Amortization expensesPatents		6,063
Utilities expense		22,231			408,242
					622,468
Gain on sale of equipment					8,084
Net income				$	630,552

Accounts receivable	$	14,350		increase		Accounts payable	$	12,425		decrease
Inventory		37,225		increase		Salaries payable		2,850		decrease

Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

Thank you!

Case X: Compute cash received from customers: Sales $900,000 55,000 75,900 Case Y: $146,300 12,850 10,794 Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for rent Rent expense Rent payable, Beginning balance Rent payable, Ending balance Compute cash paid for inventory Cost of goods sold Inventory, Beginning balance Accounts payable, Beginning balance Inventory, Ending balance Accounts payable, Ending balance Case Z: $452,000 140,120 58,850 114,898 72,974 For each of the above three separate cases, use the information provided about the current-year operations of Sahim Company to compute the required cash flow information. Assume all purchases and sales of inventory are on credit Case X: Cash received from customers Case Y: Cash paid for rent Cash paid for inventory Case Z: Statement of Cash Flows (partial) Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Depreciation expense Amortization expense-Patents Changes in current operating assets and liabilities Increase in accounts receivable Increase in inventory Decrease in accounts payable Decrease in salaries payable Net cash provided by operating activities 0