The following income statement and information about changes in noncash current assets and current liabilitie SONAD COMPANY Income Statement For Year Ended December 31, 2017 Sales 1,901,000 Cost of goods sold Gross profit Operating expenses 931,490 969,510 Salaries expense $ 260,437 Depreciation expense 45,624 Rent expense Amortization expenses-Patents Utilities expense 51,327 5,703 384,002 20,911 585,508 Gain on sale of equipment 7,604 Net income 593,112 Changes in current asset and current liability accounts for the year that relate to operations follow. Accounts payable Salaries payable Accounts receivable $ 23,600 increase $ 13,400 decrease Inventory 24,725 increase 3,500 decrease Check m 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 fows 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 S 0