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. (Amounts to be deducted should be indicated with a minus sign.) Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net income $421,000 Accounts receivable decrease $116,800 Depreciation expense 46,800 Inventory decrease 46,500 Amortization expense 7,900 Prepaid expenses increase 6,300 Gain on sale of plant assets 6,800 Accounts payable decrease Salaries payable increase 1,200 9,600 Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities