The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales $1,783,000 Cost of goods sold 873,670 Gross profit 909,330 Operating expenses Salaries expense $244, 271 Depreciation expense 42,792 Rent expense 48, 141 Amortization expenses- 5,349 Patents Utilities expense 19,613 360, 166 549, 164 Gain on sale of 7,132 equipment Net income $ 556, 296 $8,675 decrease Accounts receivable Inventory $33,300 increase Accounts payable 17,400 increase Salaries payable 5,950 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 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