Exercise $12-5($Algo$)$ Indirect: Cash flows from operating activities LO P$2$

Fitz Company reports the following information.

Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December $31.$

Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$Statement of Cash Flows $($partial$)],[$Cash flows from operating activities,$],[,],[$Adjustments to reconcile net income to net cash provided by operating activities,$],[$Income statement items not affecting cash,$],[,],[,],[$Changes in current operating assets and liabilities,$],[,],[,],[,],[,]]$