Stellar Software Corp. has assembled the following data for the years ending December 31, 2021 and...

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Stellar Software Corp. has assembled the following data for the years ending December 31, 2021 and 2020. (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Requirement 1. Prepare Stellar's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash investing and financing activities. Start by completing the cash flows from operating activities. Then complete the remaining sections of the statement of cash flows including the schedule of noncash investing and financing activities. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Stellar Software Corp. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2021 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Data table Current Accounts: December 31, 2021 2020 Current assets: Cash and cash equivalents $ 123,600 $ 24,000 Accounts receivable 18,000 64,800 Inventories Prepaid expenses 11,500 84,000 3,800 1,700 Current liabilities: Accounts payable $ 57,500 $ 56,200 Income tax payable 29,100 17,000 Accrued liabilities 15,400 6,300 - More info I Transaction Data for 2021: Acquisition of land by issuing long-term note payable Purchase of treasury stock $ 205,000 Gain on sale of equipment $ 12,000 11,400 Stock dividends Collection of loan 31,600 Payment of cash dividends 10,600 Issuance of long-term note 12,200 Depreciation expense 24,600 payable to borrow cash 34,200 Purchase of building Net income 5,900 with cash Retirement of bonds payable by issuing common stock Purchase of long-term investment with cash 133,000 Issuance of common stock for cash 39,000 80,000 Proceeds from sale of equipment 53,000 44.800 Amortization expense 6,000 Print Done Stellar Software Corp. has assembled the following data for the years ending December 31, 2021 and 2020. (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Requirement 1. Prepare Stellar's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash investing and financing activities. Start by completing the cash flows from operating activities. Then complete the remaining sections of the statement of cash flows including the schedule of noncash investing and financing activities. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Stellar Software Corp. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2021 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Data table Current Accounts: December 31, 2021 2020 Current assets: Cash and cash equivalents $ 123,600 $ 24,000 Accounts receivable 18,000 64,800 Inventories Prepaid expenses 11,500 84,000 3,800 1,700 Current liabilities: Accounts payable $ 57,500 $ 56,200 Income tax payable 29,100 17,000 Accrued liabilities 15,400 6,300 - More info I Transaction Data for 2021: Acquisition of land by issuing long-term note payable Purchase of treasury stock $ 205,000 Gain on sale of equipment $ 12,000 11,400 Stock dividends Collection of loan 31,600 Payment of cash dividends 10,600 Issuance of long-term note 12,200 Depreciation expense 24,600 payable to borrow cash 34,200 Purchase of building Net income 5,900 with cash Retirement of bonds payable by issuing common stock Purchase of long-term investment with cash 133,000 Issuance of common stock for cash 39,000 80,000 Proceeds from sale of equipment 53,000 44.800 Amortization expense 6,000 Print Done