00 Listed below in random order are line items to be included in the statement of cash flows. Purchase of equipment 12 points Increase in inventory $222,000 27,000 Increase in prepaid rent 6,000 00:45:30 Payment of dividends 30,000 Depreciation expense 20,000 Increase in accounts receivable 47,000 eBook Increase in accounts payable 18,000 Loss on sale of land 12,000 Net income 67,000 Repayment of notes payable 42,000 Cash received from the sale of land 5,000 Issuance of common stock 242,000 Prepare the statement of cash flows using the indirect method. When completed correctly, there will be one blank row at the bottom of each section. (Amounts to be deducted and negative values should be indicated by minus sign.) Prepare the statement of cash flows using the indirect method. When completed correctly, there will be one blank row at the bottom of each section. (Amounts to be deducted and negative values should be indicated by minus sign.) CEO CONSULTANTS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities $ 0 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 Cash at the beginning of the period Cash at the end of the period 0 0 (10,000) 101,000 $ 91,000