Saved 3 - (CHS 09.11 & 12) 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 Selected Year-End Balance Sheet Data Data Net income $397,000 Accounts receivable decrease $120,400 Depreciation expense 49,000 Inventory decrease 45,500 Amortization expense 8,880 Prepaid expenses increase 4,900 Gain on sale of plant 6,800 assets Accounts payable decrease 10,500 Salaries payable increase 2,500 ts 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