The following income statement and additional year-end Information is provided SA SONAD COMPANY Incon Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $ 303,101 Depreciation expense 53,113 Rent expense 59.751 Amortization expenses-Patents 6,639 Utilities expense 24,543 $2,213.000 1.310 1.126,699 Gain on sale of equipment Net income 447,225 601. $52 $ 9,456 Accounts receivable Inventory $17,250 Increase 22.025 Increase Accounts payable Salar les payable 58,775 decrease 2,5 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 Net Income $ 690,456 Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and lates 690.456 NAT