The following Income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold $ 1,599,000 783,510 Gross profit 815,490 Operating expenses Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense Gain on sale of equipment Net income $ 219,063 38,376 43,173 4,797 17,589 322,998 492,492 6,396 $ 498,888 Accounts receivable Inventory $ 25,050 increase Accounts payable 27,525 increase Salaries payable $ 15,125 decrease 3,500 decrease Prepare the operating activities section of the statement of cash flows using the Indirect method. Note: 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 $