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Seth Erkenbeck, a recent college graduate, has just completed the basic fo to be used...

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Accounting

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Seth Erkenbeck, a recent college graduate, has just completed the basic fo to be used in preparing the statement of cash flows (indirect method for ATM Software Developers. All amounts are in thousands (000s). ATM SOFTWARE DEVELOPERS Statement of Cash Flows he year ended December 3 2018 Cash Flows from Operating Activities Net income Adjustments to reconcile ne ncome to net cash flows from operating activities. Net cash flows from operating activities Cash Flows from Investing Activitie lows from Investing activites Net cash Cash Flows from Financing Activitie Net ca flows from financing activitie 2,205 Net increase (decrease) n cash Cash at the beginning of the period 7,755 9,960 Cash at the end of the period Listed below in random order are line items to be included in the statement of cash flows Cash received from the sale of land 8.520 ssuance ot common stock. 2.750 Depreciation expense in acco Decrease in accounts payable 695 Issuance of long-term notes payable 16.170 Purchase of equipment 39,540 Decrease in inventory Decrease in prepaid rent 840 Payment of dividends Net income Purchase of treasury stock

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