The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales $ 1,805,000 Cost of goods sold 884,450 Gross profit 920,550 Operating expenses Salaries expense $ 247,285 Depreciation expense 43,320 Rent expense 48,735 Amortization expenses—Patents 5,415 Utilities expense 19,855 364,610 555,940 Gain on sale of equipment 7,220 Net income $ 563,160 Accounts receivable $ 15,100 increase Accounts payable $ 10,275 decrease Inventory 37,925 increase Salaries payable 3,050 decrease Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)