The Accounting Records of Eastlake Industries Provided the Data Below

The accounting records of Eastlake Industries provided the data below.
Required:
Prepare a reconciliation of net income to net cash flows from operating activities.
$$\begin{array} { l r } \text { Net income } & \$ 300,000 \\\text { Depreciation expense } & 15,000 \\\text { Increase in inventory } & 2,000 \\\text { Increase in accounts receivable } & 1,400 \\\text { Decrease in interest payable } & 1,600 \\\text { Amortization of bond premium } & 3,000 \\\text { Increase in accounts payable } & 7,000 \\\text { Cash dividends paid } & 20,000\end{array}$$