Smithson Software Corp. has assembled the following data for the years ending December 31, 2021 and 2020. (Click the icon to view the current accounts.) Requirement i (Click the icon to view the transaction data.) 1. Prepare Smithson's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash investing and financing activities. Smithson Software Corp. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2021 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by (used for) operating activities Data table Current Accounts: Current assets: 2021 December 31, 2020 Cash and cash equivalents $ 120,600 $ 27,000 Accounts receivable Inventories Prepaid expenses 70,100 64,100 11,500 81,000 2,900 1,900 Current liabilities: Accounts payable $ 57,900 $ 56,200 Income tax payable 28,800 17,100 Accrued liabilities 15,400 7,800 More info Transaction Data for 2021: Acquisition of land by issuing long-term note payable Purchase of treasury stock $ 14,000 $ 203,000 Gain on sale of equipment 2,000 Stock dividends Collection of loan 43,000 Payment of cash dividends 10,400 Issuance of long-term note 44,000 Depreciation expense 18,000 payable to borrow cash 54,600 Purchase of building Net income 64,000 with cash Retirement of bonds payable by issuing common stock Purchase of long-term investment with cash 123,000 Issuance of common stock for cash 74,200 75,000 Proceeds from sale of equipment 12,200 4,900 45,200 Amortization expense