Changes in various accounts and gains and losses on the sale of assets during the year for Argon Company are given below:

Item	Amount
Accounts receivable	$ 90,000	decrease
Inventory	$ 120,000	increase
Prepaid expenses	$ 3,000	decrease
Accounts payable	$ 65,000	decrease
Accrued liabilities	$ 8,000	increase
Income taxes payable	$ 12,000	increase
Sale of equipment	$ 7,000	gain
Sale of long-term investments	$ 10,000	loss

Required:

For each item, indicate whether the dollar amount should be added to or deducted from net income under the indirect method when computing the net cash provided by operating activities for the year.

Item	Amount	Effect
Accounts receivable	$90,000
Inventory	$120,000
Prepaid expenses	$3,000
Accounts payable	$65,000
Accrued liabilities	$8,000
Income taxes payable	$12,000
Sale of equipment	$7,000
Sale of long-term investments	$10,000