The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales 2,149,000 Cost of goods sold 1,053, 010 Gross profit 1,095,990 Operating expenses Salaries expense 294,413 Depreciation expense 51,576 Rent expense 58,023 Amortization expenses- Patents 6,447 Utilities expense 23, 639 434,098 661,892 Gain on sale of equipment 8,596 Net income $ 670,488 Accounts $ 23,000 Accounts $ 12,300 receivable increase payable decrease 38,250 Salaries Inventory 1,550 increase payable 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