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The accounting records of EZ Company provided the data below. Net income $ 58,000 Increase in Prepaid Insurance 4,000 Decrease in Prepaid Rent 2,000 Increase

The accounting records of EZ Company provided the data below.
Net income $ 58,000
Increase in Prepaid Insurance 4,000
Decrease in Prepaid Rent 2,000
Increase in Accumulated Depreciation 40,000
Decrease in Accounts Receivable 26,000
Decrease in Accounts Payable 500
Decrease in Deferred Revenue 5,500
Increase in Inventory 27,000
Increase in Salaries Payable 2,000

Prepare a reconciliation of net income to net cash flows from operating activities.

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Net income Decrease in accounts receivable BMCTCG 1 TUM 40r4. Increase in Prepaid indurance Decrease prepaid rent Increase in accumulated deprecian Decrease in deze cred revenue Increase in salaries payable Decrease in accounts Payable 2,000 40,000 (5,600) $91.000

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