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Fitz Company reports the following information 4 Selected Annual Income Statement Data Net incone Depreciation expense Amortization expense Gain on sale of plant assets Selected

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Fitz Company reports the following information 4 Selected Annual Income Statement Data Net incone Depreciation expense Amortization expense Gain on sale of plant assets Selected Year-End Balance Sheet Data $ 418,000 Accounts receivable decrease 48,200 Inventory decrease 7,300 Prepaid expenses increase 6,700 Accounts payable decrease Salaries payable increase $ 72,900 47,500 6,700 10,900 2,300 Use the Indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flow (partial) Cash flows from operating activities Adjustments to reconcile not income to net cash provided by operating activities Income statement is not affecting cash Changes in current operating assets and liabilities 0

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