Edmund Corporation has the following activities for the past year: (Click the icon to view the data.) Prepare the statement of cash flows for Edmund Corporation for the year. Edmund Corporation uses the indirect method for operating activities. Prepare the statement one section at a time. (Use a minus sign or parentheses for numbers that should be subtracted.) Edmund Corporation Statement of Cash Flows (Indirect Method) For the Year Ended December 31 Operating Activities: Adjustments to reconcile net income to cash basis Net cash provided by (used for) operating activities Net income $ ? Cost of goods sold $ 44,000 Payment of dividends $ 2,000 Other operating expenses $ 14,000 Proceeds from issuance of stock $ 72,000 $ 18,000 Depreciation expense.. Purchase of equipment with cash Purchase of treasury stock $ 14,000 $ 29,000 Proceeds from sale of land. $ 22,000 Sales revenue. $ 123,000 Payment of long-term note payable $ 10,000 Decrease in current liabilities $ 5,000 Increase in current assets other than cash 8,000 Operating Activities: Cost of goods sold Decrease in current liabilities Depreciation expense Increase in current assets other than cash Net income Other operating expenses Payment of dividends Payment of note payable pa