The following income statement and information about changes in noncash current assets and current liabilities are reported. Exercis Indirect operatin P2 SONAD COMPANY Income Statement For Year Ended December 31, 2017 $1.828.000 991,000 837.000 Sales Cost of goods sold Gross profit Operating expenses Salaries expense Depreciation expense Rent expense... Amortization expense-Patents Utilities expense. $245,535 44,200 49,600 4,200 18.125 361,660 475,340 6,200 481,540 Gain on sale of equipment. Net income Changes in current asset and current liability accounts for the year that relate to operations follow. Accounts receivable Inventory $30,500 increase 25,000 increase Accounts payable. Salaries payable.. $12,500 decrease 3,500 decrease Required Prepare only the cash flows from operating activities section of the statement of cash flows using the in- direct method Fitz Company reports the following information. Use the indirect method to prepare only the operating od Donamber 31 2017