The following income statement and additional year-end information is provided. $2,209,000 1,082,410 1,126,590 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $302,633 Depreciation expense 53,016 Rent expense 59,643 Amortization expenses-Patents 6,627 Utilities expense 24,299 Gain on sale of equipment Net income 446,218 680,372 8,836 $ 689,208 Accounts receivable Inventory $ 24,750 increase 11,025 increase Accounts payable Salaries payable $14,950 decrease 1,450 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