Chapter 11 Homework Saved Help Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing the statement of cash flows (indirect method) for ATM Software Developers. All amounts are in thousands (000s). 125 ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year anded December 31, 2021 Cash Flows free 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 love from financing activities Net increase (decrease in cash Cash at the beginning of the period Cash at the end of the period References 8,445 $9,930 Listed below in random order are line items to be included in the statement of cash flows. 12.600 5,370 3.900 Cash received from the sale of land Tance of contact Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long to notes payable Purchase of equipment Decrease in Inventory Decrease in prepaid rent Payment of dividende Net income Purchase of tre stock 16.020 39.390 1.380 6,180 10,500 2.520 ( Prey 5 of 8 !! Next > U1 Prepare the statement of cash flows for AIM Software Developers using the indirect method. (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).) ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Book Adjustments to reconcile net income to net cash flows from operating activities references + Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities apter 11 Homework Help Sa $ Net cash flows from operating activities Cash Flows from Investing Activities eBook Print Net cash flows from investing activities Cash Flows from Financing Activities References Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period