6. Owt, in accountants have sembled the following data for the year ended December 31, 2024 (Click the icon to view the data Prepare Owl's statement of cash flows using the indirect method for the year ended December 31, 2024. Assume beginning and ending Cash are 512,000 and $75,000 respectively Complete the statement one section at a time, beginning with the cash flows from operating activities (Use a minus sign or parentheses for amounts that in a decrease in a box is not not act a label or enter a ro) Owt. Inc Data table Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities Cash receipt from sale of equipment $ 20,000 Not thome Depreciation expense 12.000 Adjustments to Reconcile Net Income to Cash payment of dividends 4.000 Net Cash Provided by Operating Activities Cash receipt from issuance of common stock 12.000 Net Income 30,000 Cash purchase of land 25.000 Increase in current liabilities 10.000 Decrease in current assets other than cash 8.000 7 Print Done Not Cash Provided by used for) Operating Activities Cash Flows from investing Activities Net Cash Provided by (Used for) Investing Activities Prepare Owl's statement of cash flow Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 o W.2014. od 550.000 today that you the weet te Niepos True OP Which of the following would be considered a long-term liability? O A. Accounts Payable O B. Mortgages Payable C. Interest Payable D. Salaries Payable