Century Corporation has the following activities for the past year:

Requirement Prepare the operating activities section of Century Corporation€™s statement of cash flows for the year ended December 31, using the indirect method for operating cashflows.

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Net income Payment of divi Proceeds from issuance of stock. Purchase of treasury stock Sales revenue Payment of note payable.. ?Cost of goods sold 7,000 76,000 10,000 $117,000 17,000 $ 11,000 $44,000 Other operating expenses$16,000 $21,000 $27,000 $18,000 S 4,000 Depreciation expense Purchase of equipment Proceeds from sale of land Increase in current assets other than cash... Decrease in current liabilities …