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The accounting records of EZ Company provided the data below. Net income 583,300 13,300 4,650 3,390 8,200 Increase in inventory Decrease in salaries payable Decrease
The accounting records of EZ Company provided the data below. Net income 583,300 13,300 4,650 3,390 8,200 Increase in inventory Decrease in salaries payable Decrease in accounts receivable Amortization of patent Amortization of premium on 990 6,530 bonds Increase in accounts payable10,300 19,000 Cash dividends Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments for noncash effects. Changes in operating assets and iabilities Net cash flows from operating activities
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