The accounting records of EZ Company provided the data below. Net income $ 50,000 Depreciation expense 7,000 Increase in inventory 1,500 Decrease in salaries payable 800 Decrease in accounts receivable 2,000 Amortization of patent 500 Amortization of premium on bonds 1,000 Increase in accounts payable 4,000 Cash dividends paid 12,000 Prepare a reconciliation of net income to net cash flows from operating activities