The following income statement and additional year-end information is provided. $1,828,000 895,720 932,280 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $250,436 Depreciation expense 43,872 Rent expense 49, 356 Amortization expenses-Patents 5,484 Utilities expense 20,108 Gain on sale of equipment Net income 369,256 563,024 7,312 570,336 $ Accounts receivable Inventory $14,550 increase 39,550 increase Accounts payable Salaries payable $14,825 decrease 5,450 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