The accounting records of Westlake Industries provided the data below. Net income Depreciation expense Decrease in inventory $ 200,000 15,000 12,000 Increase in accounts receivable 1,400 Increase in interest payable 1,600 Decrease in discount on bonds payable 3,000 Increase in accounts payable 7,000 Cash dividends paid 20,000 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. Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities