The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales $ 1,802,000 Cost of goods sold. 882,980 919,020 Gross profit Operating expenses Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense Gain on sale of equipment $ 246,874 43,248 48,654 5,4061 19,822 Net income Accounts receivable Inventory 364,004 555,016 7,208 $ 562,224 $ 37,250 increase Accounts payable 27,925 increase Salaries payable $ 15,875 decrease 5,850 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