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The accounting records of Hampton Company provided the data below ($ in 000s). Net income $ 19,300 Depreciation expense 8,000 Increase in accounts receivable 4,200
The accounting records of Hampton Company provided the data below ($ in 000s).
Net income | $ | 19,300 | |
Depreciation expense | 8,000 | ||
Increase in accounts receivable | 4,200 | ||
Decrease in inventory | 5,700 | ||
Decrease in prepaid insurance | 1,300 | ||
Decrease in salaries payable | 2,900 | ||
Increase in interest payable | 700 | ||
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.)
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