10)The accounting records of EZ Company provided the data below.

Net income$58,550

Depreciation expense11,050

increase in inventory3,525

Decrease in salaries payable2,465

Decrease in accounts receivable4,700

Amortization of patent815

Amortization of premium on bonds4,555

Increase in accounts payable8,050

Cash dividends16,500

Prepare reconciliation of net income to net cash flows from operating activities.(Amounts to be deducted should be indicated with a minus sign.)

Cash flows from operating activities:

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Adjustments for noncash effects:

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Changes in operating assets and liabilities:

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Net cash flows from operating activities ------------