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				$	2,391,000
Cost of goods sold					1,171,590
Gross profit					1,219,410
Operating expenses
Salaries expense	$	327,567
Depreciation expense		57,384
Rent expense		64,557
Amortization expenses