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				$	2,443,000
Cost of goods sold					1,197,070
Gross profit					1,245,930
Operating expenses
Salaries expense	$	334,691
Depreciation expense		58,632
Rent expense		65,961
Amortization expensesPatents		7,329
Utilities expense		26,873			493,486
					752,444
Gain on sale of equipment					9,772
Net income				$	762,216

Changes in current asset and current liability accounts for the year that relate to operations follow.

Accounts receivable	$	40,400		increase		Accounts payable	$	12,950		decrease
Inventory		35,675		increase		Salaries payable		2,050		decrease

Required:

Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method.