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

SONAD COMPANY Income Statement For Year Ended December 31
Sales				$	1,513,000
Cost of goods sold					741,370
Gross profit					771,630
Operating expenses
Salaries expense	$	207,281
Depreciation expense		36,312
Rent expense		40,851
Amortization expensesPatents		4,539
Utilities expense		16,643			305,626
					466,004
Gain on sale of equipment					6,052
Net income				$	472,056

Accounts receivable	$	18,700		increase		Accounts payable	$	12,525		decrease
Inventory		34,225		increase		Salaries payable		1,250		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.)