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	$	80,000	increase
Inventory	$	119,000	decrease
Prepaid expenses	$	3,900	increase
Accounts payable	$	43,000	decrease
Accrued liabilities	$	9,500	decrease
Income taxes payable	$	15,600	increase
Sale of equipment	$	8,900	gain
Sale of long-term investments	$	13,000	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.

(Add/Deduct)

Item	Amount	Effect
Accounts receivable	$80,000
Inventory	$119,000
Prepaid expenses	$3,900
Accounts payable	$43,000
Accrued liabilities	$9,500
Income taxes payable	$15,600
Sale of equipment	$8,900
Sale of long-term investments	$13,000