Prepare a reconciliation of net income to net cash flows

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Reference no: EM13390397

The accounting records of Hampton Company provided the data below ($ in 000s).

Net Income $17,300

Depreciaton expense 7,800

Increase in accounts recievable 4,000

Decrease in Inventory 5,500

Decrease in prepaid insurance 1,200

Decrease in salaries payable 2,700

increase in interest payable 800

Required:Prepare a reconciliation of net income to net cash flows from operating activities.

Reference no: EM13390397

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