The following income statement and additional year-end information is provided SONAD COMPANY Incone Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $ 297,566 Depreciation expense 52,128 Rent expense 58,664 Amortization expenses-Patents 6,516 Utilities expense 23,892 $ 2,172,000 1,064 280 1,107,720 430 744 663,976 3.688 3.677,664 Gain on sale of equipment Net Income Accounts receivable Inventory $ 12,500 Increase Accounts payable 20,400 Increase salaris payable $15.075 decrease 3,400 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.) Prepare the operating activities section of the statement of cash flows using the indirect method (Amounts to 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