The income statement and the cash flows from operating activities section of the statement of cash flows are provided below for

Syntric Company. The merchandise inventory account balance neither increased nor decreased during the reporting period. Syntric

had no liability for insurance, deferred income taxes, or interest at any time during the period.

Required:

Prepare a schedule to reconcile net income to net cash flows from operating activities.

Note: Enter your answers in thousands rounded to $1$ decimal place $($i$.$e$.,5,500$ should be entered as $5\mathrm{.}5).$ Cash outflows should be

indicated with a minus sign.