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 $2,069,000 1,013,810 1,055,190 Cost of goods sold Gross profit Operating expenses Salaries expense $283,453 49,656 55,863 6,207 22,759 Depreciation expense Rent expense Amortization expenses-Patents Utilities expense 417,938 637,252 8,276 Gain on sale of equipment $ 645,528 Net income Changes in current asset and current liability accounts for the year that relate to operations follow Accounts receivable $21,650 increase 33,675 increase $15,275 decrease 3,700 decrease counts payable Salaries payable Inventory Use the direct method to prepare only the cash provided or used by operating activities section of the statement of cash flows for this company. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (Partial) Cash flows from operating activities