Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. If needed, use the minus sign to indicate cash outflows, negative amounts, net loss, or a decrease in cash.

net loss

depreciation

loss on sale of land

increase in accounts receivable

increase in investment

decrease in prepaid expenses

decrease in accounts payable

cash received from land sold

less cash paid for acquisition of building

less cash paid for purchase of equipment

cash received from issuance of bonds payable

cash received from issuance common stock

less cash paid for dividends

increase in cash

cash at beginning of the year

cash at end of the year