Preparing the Operating Activities Section The data below were provided by the accounting records of Franklin Company. Net income (accrual basis) $72,000 Depreciation expense 14,400 Decrease in salaries payable 2,160 Decrease in trade accounts receivable 3,240 Increase in merchandise inventory 4,500 Amortization of patent 180 Increase in long-term liabilities 18,000 Sale of capital stock for cash 45,000 360 7,200 18,000 Amortization of premium on bonds payable Accounts payable increase Stock dividend issued Required Prepare the reconciliation of net income with cash flow from operations for inclusion in the statement of cash flows (indirect method). Note: If an item is not included in the operating activities section, leave the answer blank (zero). Cash flows from Operating Activities Net income $ 0 Adjustments: Depreciation expense 0 Amortization expense-patent 0 Amortization of premium on bonds payable 0 Decrease in accounts receivable 0 Increase in merchandise inventory 0 Increase in accounts payable 0 Increase in long-term liabilities Decrease in salaries payable Sale of capital stock for cash Stock dividend issued Net cash provided (used) by operating activities $ 0 0 0 0 0