Fitz Company reports the following information. Selected Annual Income Statement Data Selected Year-End Balance Sheet Data
Net income $394,000 Accounts receivable decrease $20,900
Depreciation expense 47,600 Inventory decrease 47,000
Amortization expense 8,100 Prepaid expenses increase 5,400
Gain on sale of plant assets 7,300 Accounts payable decrease 10,600
Salaries payable increase 1,400

Required:
Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated with a minus sign.)