Question: Stellar Software Corp has assembled the following data for the years ending December 31, 2021 and 2020 (Click the icon to view the tument accounts)

Stellar Software Corp has assembled the following data for the years ending December 31, 2021 and 2020 (Click the icon to view the tument accounts) Requirement Click the icon to view the transaction data) 1. Prepare Star's statement of cash flows eng 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 not decrease in cash) Stellar Software Corp Statement of Cash Flows (Indirect Method) Year Ended December 31, 2021 Cash flows from operating activities: Adustinents to reconcile net income to nel cash provided by (used for) operating activities 411 as assembled the following data w the current accounts.) atement of cash flows using the cash flows from operating activit sign for numbers to be subtracte Stellar Software Current Accounts: Current assets: Inventories December 31, 2021 ancing activities 2020 Cash and cash equivalents $ 82,400 $ 20,000 ule of noncash investing and financing activities. (Use Accounts receivable 70,100 64,000 8,800 88,000 Statement of Cash Flows Prepaid expenses 3,800 1,800 Year Ended Decemb Current liabilities: ating activities: Accounts payable $ 10,500 $ 55,200 Income tax payable 18,900 16,500 oncile net income to Accrued liabilities 15,800 7,800 y (used for) operating activities Print Done Corp. has assembled the t on to view the current acco llar's statement of cash flo ng the cash flows from op minus sign for numbers t Sto Statement of Year En Om operating activities: s to reconcile net income t ovided by (used for) opera More info Transaction Data for 2021: Acquisition of land by issuing long-term note payable Stock dividends Collection of loan Depreciation expense Purchase of building with cash Retirement of bonds payable : by issuing common stock Purchase of long-term investment with cash Purchase of treasury stock $ 203,000 Gain on sale of equipment 21,700 Payment of cash dividends 10,500 Issuance of long-term note $ 11,800 2,000 18,800 h investing and financing activities. (Use 22.000 payable to borrow cash 54,600 Net income 60,000 99,000 Issuance of common stock for cash 36,800 66,000 Proceeds from sale of equipment 12,900 45,100 Amortization expense 5,500 Print Done Time Remaining: 03:25:09 Start by completing the cash flows from operating as Then complete the remaining sections of the statement of cash fes cluding the schedule of noncash investing and financing activities (part sued and for a net decrease in cash) Stellar Software Corp Statement of Cash Flows Indirect Method) Year Ended December 31, 2021 Cash flows from operating activities Adjustment concile net incime to net cash provided by used for) opening activities Net cash provided by jused for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash Noncash investing and financing activities: Total noncash investing and financing activities

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