Fitz Company reports the following information. Use the indirect method to prepare only the operating activities section of its statement of cash flows for the year ended December 31, 2017. (Amounts to be deducted should be indicated with a minus sign.)

Selected 2017 Income Statement Data				Selected Year-End 2017 Balance Sheet Data
Net income	$	376,000		Accounts receivable decrease	$	78,500
Depreciation expense		46,200		Inventory decrease		50,500
Amortization expense		8,600		Prepaid expenses increase		5,700
Gain on sale of plant assets		7,100		Accounts payable decrease		10,900
				Salaries payable increase		2,200

Cash flows from operating activities

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adjustments to reconcile net income to net cash provided by operating activities