The accounting records of Rockness Company provided the data below ($ in 000s).

Net income	$ 24,700
Depreciation expense	2,800
Decrease in accounts receivable	1,500
Increase in inventory	4,000
Increase in prepaid insurance	250
Increase in salaries payable	750
Decrease in interest payable	350

Required:

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

Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands of dollars.

\begin{tabular}{|l|l|} \hline Cash flows from operating activities: & \\ \hline Net income & \\ \hline Adjustments for noncash effects: & \\ \hline & \\ \hline Changes in operating assets and liabilities: & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular}