12.00 points. Exercise 12-4 Indirect: Cash flows from operating activities LO P2 The following income statement and information about changes in noncash current assets and current liabilities are reported. SONAD COMPANY For Year Ended December 31, 2015 Sales 2,494,000 Cost of goods sold 1,222,060 1,271,940 operating expenses $341 678 59,856 67.338 7482 503,788 27,434 768,152 Gain on sale of equipment 9,976 778,128 operations follow. Changes in current asset and current labiity accounts for the year that relate to 15.650 decrease 47360 increase Aooounts payable 16,375 increase Salaries payable Prepare only the cash sows from operating activities section of the statement of cash fows using the indirect mothod. Amounts to be doducted should be indicated with a caps lock