The following income statement and information about changes in noncash current assets and current liabilities are reported.

SONAD COMPANY Income Statement For Year Ended December 31, 2017

Sales		$2,408,000
Cost of goods sold		1,179,920
Gross profit		1,228,080
Operating expenses
Salaries expense	$329,896
Depreciation expense	57,792
Rent expense	65,016
Amortization expensesPatents	7,224
Utilities expense	26,488	486,416
		741,664
Gain on sale of equipment		9,632
Net income		$751,296

Changes in current asset and current liability accounts for the year that relate to operations follow.

Accounts receivable	$25,700	increase	Accounts payable	$12,000	decrease
Inventory	37,850	increase	Salaries payable	2,100	decrease

Required:

Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)