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The accounting records of Hampton Company provided the data below ($ in 000s). Net income $ 36,300 Depreciation expense 9,700 Increase in accounts receivable 5,900
The accounting records of Hampton Company provided the data below ($ in 000s).
Net income | $ | 36,300 | |
Depreciation expense | 9,700 | ||
Increase in accounts receivable | 5,900 | ||
Decrease in inventory | 7,400 | ||
Decrease in prepaid insurance | 2,150 | ||
Decrease in salaries payable | 4,600 | ||
Increase in interest payable | 1,550 | ||
Required: Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.)
Cash flows from operating activities: | ||
Adjustments for noncash effects: | ||
Changes in operating assets and liabilities: | ||
Net cash flows from operating activities | $0 |
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