Alpha 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 Cash at the end of the period (40,000) 80,000 $40,000 Listed below in random order are line items to be included in the statement of cash flows. Purchase of equipment Payment of dividends Net income Increase in inventory Increase in prepaid rent Repayment of notes payable Cash received from the sale of land Issuance of common stock Increase in accounts payable Loss on sale of land Depreciation expense Increase in accounts receivable $220,000 40,000 80,000 30,000 10,000 50,000 3,000 250,000 10,000 7,000 20,000 60,000 Required: Prepare the statement of cash flows for Alpha Technologies using the indirect method