ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $ 1,605 8,330 $ 9,935 Listed below in random order are line items to be included in the statement of cash flows Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term notes payable Durchaca nf unmant $ 8,470 12,625 5,375 3,918 1,670 16,845 20 415 Prev 1 of 4 Next Listed below in random order are line items to be included in the statement of cash flows. Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term notes payable Purchase of equipment Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock $ 8,470 12,625 5,375 3,910 1,670 16,845 39,415 1,385 815 6,190 10,600 2,525 Required: Prepare the statement of cash flows for ATM Software Developers using the indirect method. (List cash outflows and cash as negative amounts. Enter your answers in thousands (.e., 10,000,000 should be entered as 10,000).) $ 10,600 ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities Depreciation expense Increase in accounts receivable Decrease in prepaid rent Decrease in inventory Decrease in accounts payable 5,375 3,910 (815) $ 19,070 Net cash flows from operating activities Cash Flows from Investing Activities Cash received from sale of land Purchase of equipment Prev 1 of 4 Next > s 19,070 Net cash flows from operating activities Cash Flows from Investing Activities Cash received from sale of land Purchase of equipment 0 Net cash flows from investing activities Cash Flows from Financing Activities Issuance of common stock Issuance of long-term notes payable Payment of dividends Purchase of treasury stock 0 Net cash flows from financing activities INot increase in cash ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $ 1,605 8,330 $ 9,935 Listed below in random order are line items to be included in the statement of cash flows Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term notes payable Durchaca nf unmant $ 8,470 12,625 5,375 3,918 1,670 16,845 20 415 Prev 1 of 4 Next Listed below in random order are line items to be included in the statement of cash flows. Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term notes payable Purchase of equipment Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock $ 8,470 12,625 5,375 3,910 1,670 16,845 39,415 1,385 815 6,190 10,600 2,525 Required: Prepare the statement of cash flows for ATM Software Developers using the indirect method. (List cash outflows and cash as negative amounts. Enter your answers in thousands (.e., 10,000,000 should be entered as 10,000).) $ 10,600 ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities Depreciation expense Increase in accounts receivable Decrease in prepaid rent Decrease in inventory Decrease in accounts payable 5,375 3,910 (815) $ 19,070 Net cash flows from operating activities Cash Flows from Investing Activities Cash received from sale of land Purchase of equipment Prev 1 of 4 Next > s 19,070 Net cash flows from operating activities Cash Flows from Investing Activities Cash received from sale of land Purchase of equipment 0 Net cash flows from investing activities Cash Flows from Financing Activities Issuance of common stock Issuance of long-term notes payable Payment of dividends Purchase of treasury stock 0 Net cash flows from financing activities INot increase in cash