The following income statement and additional year-end information is provided, SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $ 232,626 Depreciation expense 40,752 Rent expense 45,846 Amortization expenses-Patents 5,094 Utilities expense 18,678 $1,698,000 832,020 865,980 342,996 522,984 Gain on sale of equipment Net Income 5529,776 Accounts receivable Inventory $21,850 increase 20,850 increase Accounts payable Salaries payable $15, 100 decrease 5,350 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.) Statement of Cash Flows (partial) Cash flows from operating activities 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