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 Cost of goods sold Gross profit Operating expenses $2,237,000 1,096,130 1,140,870 Salaries expense Depreciation expense Rent expense Amortization expenses-Patents Utilities expense $306,469 53,688 60,399 6,711 24,607451,874 688,996 8,948 $ 697,944 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 $21,750 increaseAccounts payable 38,075 increase Salaries payable $12,500 decrease 2,700 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.) 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