1 Problem 11-2A (Algo) Classify items and prepare the statement of cash flows (LO11-1, 11-3, 11-4, 11-5) Pr References Seth Erkenbeck, a recent college graduate, hes 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 (000) Cash Flows from Operating Activities Net Income ATH SOFTWARE DEVELOPERS Statement of Cash Fl For the Year Ended December 31, 2024 Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating activities Cash Flown from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net Increase (decrease) in cash het cash flows from financing activities Cash at the beginning of the period Cash at the end of the perio 6,720 $10,00 Listed below in random order are line items to be included in the statement of cash flows Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receive Decrease in accounts payable Issuance of long-tens notes payable Purchase of equipment Decrease e inventory Decrease in prepaid rent $8,0 12,975 5,445 1,700 16,395 39,765 1,455 6,330 Payment of dividends Net Income Purchase of treasury stack Required: 12,000 2.55 Prepare the statement of cash flows for ATM Software Developers using the indirect method (Amounts to be deducted, cesh outflows, and any decrease in cash should be indicated with a minus sign. Enter your answers in thousands 10,000,000 should be entered as 10,000)) Help Save & Ext Chec