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#10 I will like your answer thank you very much Natalie King has completed the basic format to be used in preparing the statement of

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Natalie King has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CPU Hardware Designers. All amounts are in thousands (000s). CPU HARDWARE DESIGNERS Statement of Cash Flows For the Year Ended December 31, 2024 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities ces Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period 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 receivable Increase in accounts payable Loss on sale of land Purchase of equipment Increase in inventory Increase in prepaid rent Payment of dividends Net income Repayment of notes payable Required: $ 4,000 300,000 30,000 70,000 11,000 8,000 230,000 40,000 11,000 50,000 80,000 60,000 $(28,000) 90,000 $62,000 Prepare the statement of cash flows for CPU Hardware Designers using the indirect method. (List cash outflows and any decrease in cash as negative amounts. Enter your answers in thousands (i.e., 10,000,000 should be entered as "10,000).)

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