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 (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. numbers to be subtracted and for a net decrease in cash.) 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 2021 December 31, 2020 Current Accounts: Current assets: Cash and cash equivalents $ 65,100 $ 30,000 Accounts receivable 18,000 64,800 Inventories Prepaid expenses 10,400 80,000 3,800 2,200 Current liabilities: Accounts payable $ 10,500 $ 55,500 Income tax payable 28,400 16,400 Accrued liabilities 14,900 6,300 Print Done More info Transaction Data for 2021: Acquisition of land by issuing long-term note payable Stock dividends Collection of loan Purchase of treasury stock $ 200,000 Loss on sale of equipment 21,000 Payment of cash dividends 10,000 Issuance of long-term note $ 14,100 4,000 15,100 Depreciation expense 25,000 payable to borrow cash 52,200 Purchase of building Net income 5,900 with cash Retirement of bonds payable by issuing common stock Purchase of long-term investment with cash 133,000 Issuance of common stock for cash 36,900 24,000 Proceeds from sale of equipment 12,200 5,200 44,500 Amortization expense