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, 2013
Sales				$	2,484,000
Cost of goods sold					1,217,160
Gross profit					1,266,840
Operating expenses
Salaries expense	$	340,308
Depreciation expense		59,616
Rent expense		67,068
Amortization expenses