Fitz Company reports the following information. Selected Annual Income Statement Data Net income $376,000 Depreciation expense 48,000 Amortization expense 7,500 Gain on sale of plant assets 6,400 Selected Year-End Balance Sheet Data Accounts receivable decrease $31,400 Inventory decrease 51,500 Prepaid expenses increase 6,100 Accounts payable decrease 8,800 Salaries payable increase 1,400 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.)