The following income statement and information about changes in noncash current assets and current liabilities are reported

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, 2015
Sales				$	1,587,000
Cost of goods sold					777,630
Gross profit					809,370
Operating expenses
Salaries expense	$	217,419
Depreciation expense		38,088
Rent expense		42,849
Amortization expenses—Patents		4,761
Utilities expense		17,457			320,574
					488,796
Gain on sale of equipment					6,348
Net income				$	495,144

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

Accounts receivable	$	21,050	increase	Accounts payable	$	14,450	decrease
Inventory		20,175	increase	Salaries payable		2,400	decrease

Required:

Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

Explanation:

No further explanation details are available for this problem.