Konverse Company reported net income of $480,000 for the year. Depreciation expense was $36,000 and amortization expense on patents was $6,000 for the year. In addition, the balance sheet reported the following account changes during the year. Decrease in accounts receivable $12,000 Increase in debt investments classified as available-for-sale securities 10,800 Decrease in prepaid expenses 4,800 Decrease in accounts payable 19,200 Increase in accrued expenses 10,800 Decrease in short-term nontrade notes pa