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 Salaries expense $ 216, 186 Depreciation expense 37,872 Rent expense 42,606 Amortization expenses-Patents 4,734 Utilities expense 17,358 $ 1,578,000 773,220 804,780 Gain on sale of equipment Net income 318,756 486,024 6,312 $ 492,336 Accounts receivable $ 34,700 increase Accounts payable $ 14,200 decrease Inventory 35,725 increase Salaries payable 5,000 decrease Prepare the operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (Partial) Cash flows from operating activities $ 0