Elan Corporation accountants have assembled the following data for the year ended June 30, 2021: 

Prepare the operating activities section of Elan’s statement of cash flows for the year ended June 30, 2021. The company uses the indirect method for operating cash flows.

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Net income........ Payment of dividends..... Proceeds from the issuance of common stock. Sales revenue.. Increase in current assets other than cash $ ****** ? 6,300 20,000 223,000 37,000 Purchase of treasury stock......... 8,000 Cost of goods sold...................... Other operating expenses.. Purchase of equipment with cash............ Increase in current liabilities...... Payment of note payable........... Proceeds from sale of land........ Depreciation expense. $115,000 41,000 36,000 6,000 31,000 34,000 12,000