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1 Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing the statement of cash flows (indirect method) for ATM Software Developers. All amounts are in thousands (000s) ATX SOFTWARE DEVELOPERS Statement of Cash Flows For the year and December 11, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcite net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net Increase (decrease) in cash 51,365 Cash at the beginning of the period 8.56 Cash at the end of the period $9.925 Listed below in random order are line items to be included in the statement of cash flows $ 3,450 12.575 5.365 Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term notes payable Purchase of equipoent Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock 1,660 15,995 39.365 1,375 sos 6,170 10,00 2,515 Prepare the statement of cash flows for ATM Software Developers using the Indirect method. (List cash outflows and any decrease in cash as negative amounts. Enter your answers in thousands (le., 10.000.000 should be entered as 10,000) 1 ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the Year Ended December 31, 2021 Conostom Operating A Ants to record net income cash flows from operating activities Nel cash flows from acties Cash Flows from investing Niet cash flows from inveces Cachows and Active

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