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 Depreciation expense Rent expense Amortization expenses-Patents Utilities expense Gain on sale of equipment $ 2,294,000 1,124,060 1,169,940 $ 314,278 55,056 61,938 6,882 25,234 463,388 706,552 9,176 Net income Accounts receivable Inventory $ 715,728 $ 34,150 increase Accounts payable 33,575 increase Salaries payable $ 8,925 decrease 3,950 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