The accounting records of EZ Company provided the data below

Finance Dec 09, 2020

The accounting records of EZ Company provided the data below.

Net income Depreciation expense $67,100 15,100 Increase in inventory 5,550 Decrease in salaries payable 4,130 Decrease in accounts receivable 7,400 Amortization of patent 1,130 Amortization of premium on bonds 8,110 Increase in accounts payable 12,100 Cash dividends paid 21,000
Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.)

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