2. The following are accounting items taken from the records of Sterling Company for 2016 Payment of dividends $24,000 Decrease in accounts payable $19,000 Decrease in accounts receivable $21,000 Increase in inventories $ 6,000 Increase in salaries payable $18,000 Net income $42.000 Payment for purchase of land and buildings $60,000 Issuance of ten-year bonds payable at par $20,000 Depreciation expense $10,000 Proceeds from sale of patent rights $27,000 Required: Prepare the cash flow from operating activities section only of the statement of cash flows for Sterling Company for the year ended December 31, 2016 using the indirect method. Include a proper heading (12 pts) 3. The following information for the month of March is available from Butters Cookies, Inc.'s accounting records: Balance per bank statement, March 31, 2014 $12,100 Cash balance per books, March 31, 2014 15.295 Deposit made on February 28; recorded by bank on March 3 3,600 March 31, 2010, outstanding checks #2346 438 #2348 231 #2355 107 Bank service charge for March (not recorded yet by Butters) 54 NSF check of customer returned by bank with March statement 832 A check drawn on Moore Company was erroneously charged to 275 Butters A $347 check to a supplier in payment of account was erroneously recorded on Batters' books as $437 ? Deposit made on March 31, recorded by bank on April 3 2.900