Johnson Sotware Corp. has assembled the following data for the years ending December $31,2021$ and $2020.$

$($Click the icon to view the current accounts.$)$

$($Click the icon to view the transaction data.$)$

Requirement

Prepare Johnson's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash investing and financing activities. and for a net decrease in cash.$)$

Johnson Software Corp

Statement of Cash Flows $($Indirect Method$)$

Year Ended December $31,2021$

Cash flows from operating activities:

$$

Adjustments to reconcile net income to net cash provided by $($used for$)$ operating activites:

Net cash provided by $($used for$)$ operating activities

More info

$\backslash$table$[[$Transaction Data for $2021$ :$],[$Acquisition of land by issuing,,,Purchase of treasury stock,S $12\mathrm{.}000],[$long$-$term note payable,$5,199,000,$Loss on sale of equipment,$4,000],[$Stock dividends,,$31\mathrm{.}600,$Payment of cash dividends,$18,800],[$Collection of loan,,$10,500,$Issuance of long$-$term note,$],[$Depreciation expense,,$19,000,$payable to borrow cash,$34\mathrm{.}000],[$Purchase of building,,,Net income,$6\mathrm{.}300],[$with cash,,$60\mathrm{.}000,$Issuance of common stock,$],[$Retirement of bonds payable,,,for cash,$63\mathrm{.}000],[$by issuing common stock,,$66\mathrm{.}000,$Proceeds from sale of$,],[$Purchase of long$-$term,,,equipment,$12,300],[$investment with cash,,$49,800,$Amortization expense,$5\mathrm{.}200]]$

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Done

$\backslash$table$[[,$December $31,],[,,2021,2020],[$Current Accounts:$],[$Current assets:$],[$Cash and cash equivalents,$s,64,000$$$,22,000],[$Accounts receivable,,$69\mathrm{.}700,64\mathrm{.}800],[$Inventories$,,8,000,88\mathrm{.}000],[$Prepaid expenses,,$2,800,2,200],[$Current liabilites:$],[$Accounts payable,s$,10,400S,55,400],[$Income tax payable,,$29\mathrm{.}100,16\mathrm{.}600],[$Accrued liabilities,,$15,000,27,400]]$