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Seth Erkenbeck, a recent college graduate, has 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 $(000$s$).$

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Listed below in random order are line items to be included in the statement of cash flows.

$\backslash$table$[[$Cash received from the sale of land $($no gain or loss$),8,650],[$Issuance of common stock,$13,075],[$Depreciation expense,$5,465],[$Increase in accounts receivable,$4,090],[$Decrease in accounts payable,$1,760],[$Issuance of long$-$term notes payable,$16,495],[$Purchase of equipment,$39,865],[$Decrease in inventory,$1,475],[$Decrease in prepaid rent,$905],[$Payment of dividends,$6,370],[$Net income,$12,400],[$Purchase of treasury stock,$2,615]]$

Purchase of treasury stock

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$$equired:

Jrepare the statement of cash flows for ATM Software Developers using the indirect

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nethod. $($Amounts to be deducted, cash outflows, and any decrease in cash should se indicated with a minus sign. Enter your answers in thousands $($i$.$e$.,10,000,000$ ;hould be entered as $10,000).)$