Unit 8 AS: Exercises and Problems (Connect) The accounting records of EZ Company provided the data below. Net income $55, 700 9 , 700 points Depreciation expense Increase in inventory 2, 850 Decrease in salaries payable 1, 910 Decrease in accounts receivable 3 , 800 eBook Amortization of patent 710 Amortization of premium on bonds 3,370 Print Increase in accounts payable 6, 700 Cash dividends paid 15,000 References Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts a minus sign.) RECONCILIATION OF NET INCOME TO NET CASH FLOWS FROM OPERATING ACTIVITIES Cash flows from operating activities Adjustments for noncash effects Changes in operating assets and liabilities Mc Graw Hill sraw Type here to search O