5. (10 points) Northington, Inc. is preparing the company's statement of cash flows for the fiscal year just ended. In good form show the amount of cash flows provided or used from operating activities using the indirect method: Net income. Gain on the sale of equipment Proceeds from the sale of equipment Depreciation expense equipment Increase in accounts payable Purchase of land Issuance of common stock Increase in merchandise inventory Decrease in accounts receivable Increase in wages payable Payment of cash dividends $192,000 12,300 92,300 50,000 100,000 200,000 300,000 35,400 28,800 23,7001 32,000