Smithson

Software Corp. has assembled the following data for the years ending December 31,

2021

and

2020.

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Requirement

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.

Start by completing the cash flows from operating activities. Then complete the remaining sections of the statement of cash flows including the schedule of noncash investing and financing activities. (Use parentheses or a minus sign for 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:
	Net income		$6,500
	Adjustments to reconcile net income to
	net cash provided by (used for) operating activities:
	Depreciation expense	$23,000
	Amortization expense	5,000
	Loss on sale of equipment	4,200
	Decrease in accounts receivable	45,000
	Decrease in inventories	79,000
	Increase in prepaid expenses	(1,200)
	Decrease in accounts payable	(45,700)
	Increase in income tax payable	12,300
	Decrease in accrued liabilities	(12,600)	109,000
	Net cash provided by (used for) operating activities		115,500

please help with second part below

Cash flows from investing activities:
	Net cash provided by (used for) investing activities