The following income statement and additional year-end information is provided SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses $1,560,000 764,400 795,600 Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense $213,720 37,440 42,120 4,680 17, 160 315,120 480,480 6,240 $ 486,720 Gain on sale of equipment Net income Accounts receivable Inventory $18,450 increase Accounts payable 13,950 increase Salaries payable $10,025 decrease 5,850 decrease Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should he indicated witha minus sian.l