Using the following income statement and additional year-end information. $1,783,000 873, 670 909, 330 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $244,271 Depreciation expense 42,792 Rent expense 48, 141 Amortization expenses-Patents 5,349 Utilities expense 19,613 360, 166 549, 164 7,132 $ 556, 296 Gain on sale of equipment Net income Accounts receivable Inventory $46, 650 increase 20,975 increase Accounts payable Salaries payable $9,850 decrease 3, 250 decrease Prepare the operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (Partial) Cash flows from operating activities $ 0