The following income statement and additional year-end information is provided. $1,776,000 870, 240 905, 760 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $ 243,312 Depreciation expense 42,624 Rent expense 47,952 Amortization expenses-Patents 5,328 Utilities expense 19,536 Gain on sale of equipment Net income 358,752 547,008 7,104 $ 554,112 Accounts receivable Inventory $38,950 increase 11,675 increase Accounts payable Salaries payable $13,125 decrease 3,000 decrease Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts indicated with a minus sign.) Prepare the operating activities section of the statement of cash flows usin 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 $ 0 1.400 91,32 150 - - 25 Cx- isa)