3 points Skipped ellook The following statement of cash flows template is being utilized by Alliance Technologies. All amounts are in thousands (000s). ALLIANCE TECHNOLOGIES Statement of Cash Flows For the year ended December 31, 2021 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 Net increase (decrease) in cash Cash at the beginning of the period $1,605 8,330 $9,935 Pyet Cash at the end of the period References The following items are to be included in the statement of cash flows. Cash received from the sale of land $8,470 Issuance of common stock 12,625 Depreciation expense 5,375 Increase in accounts receivable 3,910 Decrease in accounts payable 1,678 Issuance of long-term notes payable. 16,045 Purchase of equipment 39,415 Decrease in inventory 1,385 Decrease in prepaid rent 815 Payment of dividends 6,190 Net income 10,600 Purchase of treasury stock 2,525 Required: Using the indirect method, prepare the statement of cash flows for Alliance Technologies. (List cash outflows and any decrease in cash as negative amounts. Enter your answers in thousands (ie., 10,000,000 should be entered as 10,000).)