Springtown Corporation has the following activities for the past year:

Requirement
Prepare the operating activities section of Springtown Corporation's statement of cash flows for the year ended December 31st, using the indirect method for operating cash flows.

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Cost of goods sold Other operating expenses Net income Payment of dividends Proceeds from issuance of stock. Purchase of treasury st Sales revenue Payment of note payable Decrease in current liabilities S 6,000 79,000 S 13,000 $123,000 S 18,000 ..$ 9,000 $44,000 11,000 16,000 S23,000 S21,000 S 4,000 on expense ock Purchase of equipment Proceeds from sale of land Increase in current assets other than cash...