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the following income statement and information about changes in non cash current assets and current liabilities are reported The following income statement and information about

the following income statement and information about changes in non cash current assets and current liabilities are reported
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The following income statement and information about changes in noncash current assets and current liablities are reported SONAD COMPANY Income Statement For Year Ended December 31, 2017 Sales $2,393,e0 1,172,570 1,220,438 001158 Cost of goods sold Gross profit Operating expenses Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense $327,841 57,432 64,611 7,179 26,323 elook 483,386 737,844 9,572 746,616 Gain on sale of equipment Net income Changes in current asset and current liability accounts for the year that relate to operations follow eterences Accounts receivable $20,350 increase Accounts payable Inventory $13,525 decrease 1,758 decrease 29,200 increase Salaries payable Required: Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method (Amounts to deducted should be indicated with a minus sign.)

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