The following income statement and additional year-end information is provided SONAD COMPANY Income Statement For Year Ended December 31 Sales $1,870,000 Cost of goods sold 916,300 Gross profit 953,700 Operating expenses Salaries expense $256,190 Depreciation expense 44,880 Rent expense 50,49 Amortization expenses-Patents 5,610 Utilities expense 20,570 377.74 575,960 Gain on sale of equipment 7,480 Net income $ 583,440 Accounts receivable Inventory $44,350 increase 20,925 increase Accounts payable Salaries payable 59,925 decrease 4,850 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.)