The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales $ 1,582,000 Cost of goods sold 775,180 806,820 Gross profit Operating expenses Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense Gain on sale of equipment Net income $ 216,734 37,968 42,714 4,746 17,402 319,564 487,256 6,328 $ 493,584 Accounts receivable Inventory $ 39,150 increase Accounts payable. 36,025 increase Salaries payable $ 11,825 decrease 5,100 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