The following income statement and additional year$-$end information is provided.

SONAD COMPANY Income Statement

For Year Ended December $31$

Sales$$$ $1,828,000$

Cost of goods sold$991,000$

Gross profit$837,000$ Operating expenses$$

Salaries expense $ $245,535$

Depreciation expense $44,200$

$$Rent expense $49,600$

Amortization expenses$$Patents $4,200$

Utilities expense $18,125$

Gain on sale of equipment$6,200$

Net income$$$ $481,540$

$$

Accounts receivable$ $30,500$ increaseAccounts payable$ $12,500$ decreaseInventory$25,000$ increaseSalaries payable$3,500$ decrease

Prepare the operating activities section of the statement of cash flows using the indirect method.