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

SONAD COMPANY Income Statement For Year Ended December 31
Sales				$	1,744,000
Cost of goods sold					854,560
Gross profit					889,440
Operating expenses
Salaries expense	$	238,928
Depreciation expense		41,856
Rent expense		47,088
Amortization expensesPatents		5,232
Utilities expense		19,184			352,288
					537,152
Gain on sale of equipment					6,976
Net income				$	544,128

Accounts receivable	$	31,600		increase		Accounts payable	$	11,925		decrease
Inventory		37,400		increase		Salaries payable		5,650		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.)

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
	$0