The following income statement and additional year-end information is provided.

SONAD COMPANY Income Statement For Year Ended December 31
Sales				$	2,437,000
Cost of goods sold					1,194,130
Gross profit					1,242,870
Operating expenses
Salaries expense	$	333,869
Depreciation expense		58,488
Rent expense		65,799
Amortization expensesPatents		7,311
Utilities expense		26,807			492,274
					750,596
Gain on sale of equipment					9,748
Net income				$	760,344

Accounts receivable	$	13,150		increase		Accounts payable	$	12,675		decrease
Inventory		31,425		increase		Salaries payable		3,350		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.)