The following income statement and additional year-end information is provided SOND COMPANY Income Statement Ton Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $216,186 Depreciation expense 37,872 Rent expense 42,606 Amortization expenses-Patents 4,734 Utilities expense 17,358 $1,578,000 273,220 504,730 Goin on sale of equipment Net Income 318,756 486,024 6.312 $ 492,336 Accounts receivable Inventory 143,650 increase 21.875 Increase Accounts payable Salaries payable $12,400 decrease 1,450 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 not income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabides