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Fitz Company reports the following information. Use the indirect method to prepare only the operating...

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Accounting

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Fitz Company reports the following information. Use the indirect method to prepare only the operating activities section of its statement of cash flows for the year ended December 31, 2017. (Amounts to be deducted should be indicated with a minus sign.) Selected 2017 Income Statement Data Selected Year-End 2017 Balance Sheet Data Net income $376,000 44,400 7,300 7,300 Accounts receivable decrease $122,000 50,000 6,100 8,900 2,200 Depreciation expense Amortization expense Gain on sale of plant assets Inventory decrease Prepaid expenses increase Accounts payable decrease Salaries payable increase Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities $ 0

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