The accounting records of Eastlake Industries provided the data below. Net income Depreciation expense Increase in inventory Increase in accounts receivable Decrease in interest payable Decrease in premium on bonds payable Increase in accounts payable Cash dividends paid Cash flows from operating activities: Adjustments for noncash effects: 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. Changes in operating assets and liabilities: $ 301,000 15,500 Net cash flows from operating activities 2,050 1,410 1,618 3,100 7,100 21,000