7. Haar Company prepared the tabulation below at December 31, 2019. Net Income $307,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense, $32,000 Decrease in accounts receivable, $50,000 Increase in inventory, $12,000 Decrease in accounts payable, $8,600 Increase in income taxes payable, $1,500 Loss on sale of land, $5,000 Gain on sale of building, $3,000....... Decrease in supplies, $2,200... Net cash provided (used) by operating activities Instructions Show how each item should be reported in the statement of cash flows, and calculate the net cash from operating activities. Use parentheses or a minus sign for deductions