Natalie King 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 Flow For the year ended December 31, 20211 Cash Flows from Operating Activities Net incone 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 activition Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $(52,200) 74,000 $ 21,800 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) Insuance of common stock Depreciation expense Increase in accounts receivable Increase in accounts payable Loss on sale of land Purchase of equipment Increase in inventory Increase in prepaid rent Payment of dividends. Net incone Repayment of notes payable $2,400 220,000 25,000 54,000 11,000 6,400 214,000 24,000 11,000 34,000 64,000 44,000