Towson Company prepared the tabulation below at December 31, 2017.

Net Income		$340,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense		$43,000
Increase in accounts receivable		$50,000
Decrease in inventory		$13,000
Amortization of patent		$4,000
Increase in accounts payable		$5,600
Decrease in interest receivable		$7,000
Increase in prepaid expenses		$6,000
Decrease in income taxes payable		$1,500
Gain on sale of land		$5,000
Net cash provided (used) by operating activities

Show how each item should be reported in the statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)