The following income statement and additional year-end information is provided. $2,486,000 1,218,140 1,267,860 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $340,582 Depreciation expense 59,664 Rent expense 67,122 Amortization expenses-Patents 7.458 Utilities expense 27,346 Gain on sale of equipment Not income 502.172 765,688 9.944 $ 775,632 $33,00 Increase 34,625 increase Accounts receivable Inventory Accounts payable Salaries payable $8,400 decrease 1,350 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.)