9 Save Fortune Software Corp has assembled the folowing data for the years unding December 31, 2021 and 2020 (Click the icon to view the curent accounts) Requirement (Click the icon to view the transaction data) 1. Per Fortune's statement of cash flows using the indirect method to report operating activities Include a schedule of noncash investing and financing activi Start by completing the cash flows from operating activities. Then complete the remaining sections of the statement of cash Rows including the schedule of noncash investing and financing activities Use press sig numbers to be subacted arst for a ret decrease in cash) Fortune Software Corp. Statement of Cash Flows Indirect Method) Year Ended December 31, 2021 Cash flows from operating activities As to reconcile nel income to net cash provided by used for) operating activities Net cash provided by used for) operating activities More info K ga Transaction Data for 2021: Acquisition of land by issuing long-term note payable Purchase of treasury stock $ 195,000 Loss on sale of equipment $ 14,800 3,000 Stock dividends Collection of loan 32,200 Payment of cash dividends 12,400 Issuance of long-term note 46,000 Depreciation expense 23,000 Purchase of building payable to borrow cash Net income 34,600 62,000 with cash Retirement of bonds payable by issuing common stock Purchase of long-term investment with cash 62,000 Proceeds from sale of equipment 45,300 Amortization expense 105,000 Issuance of common stock for cash 36,500 53,000 4,900 Data table Current Accounts: Current assets: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses Current liabilities: December 31, 2021 2020 $ 104,000 $ 24,000 40,000 64,800 A 8,600 82,000 3,100 1,700 - Accounts payable $ 10,500 $ 56,000 Income tax payable 18,700 16,100 0 Accrued liabilities 15,400 7,600 0 Print Done