Natalie Daniels has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CPU Hardware Designers. All amounts are in thousands (000s). CPU HARDWARE DESIGNERS Statement of Cash Flows For the year ended December 31, 2015 Cash Flows from Operating Activities Net income Adjustments for noncash effects: Changes in cument assets and current liabilities: 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 (55,000) Net increase (decrease) in cash 75,000 Cash at the beginning of the period 20,000 Cash at the end of the period Below, in random order, are line items to be included in the statement of cash flows. 2,500 Cash received from the sale of land 225,000 Issuance of common stock 21,000 Depreciation expense 55,000 Increase in accounts receivable Increase in accounts payable 10,000 Loss on sale of land 6,500 Purchase of equipment 215,000 Increase in inventory 25,000 Increase in prepaid rent 10,000 Payment of dividends 35,000 Net income 65,000 Repayment of notes payable 45,000