Using the following income statement and additional year-end information SONAD COMPANY Income Statement For Year Ended December 31 Sales Coat of goods sold Gross profit Operating expenses Salaries expense $336,335 Depreciation expense 58.920 Rent expense 66,285 Amortization expenses-Patents 7,365 Utilities expense 21.005 62,455,000 1,202,950 1, 252,050 Gain on sale of equipment Set income 495.910 756,140 9.820 5765,960 Accounts receivable Inventory $22,300 increase 23.975 increase Accounts payable Salaries payable 12,400 degree 2,250 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.) Prepare the operating activities section of the statement of cash flows us indicated with a minus sign.) Statement of Cash Flows (Partial) Cash flows from operating activities 0