Learning Objective 2 55,000 et Income d Non cash Deduction: Deprec. Z +2000 pees in in CA/C)Cash receipt from sale of land Depreciation expense ecreas in cL - De S-F:16-5 Computing cash flows from operating activities-indirect method Winding Road Cellular accountants have assembled the following data for the year ended April 30, 2024: Cash payment of dividends ncrease in carecash receipt from issuance of common stock * Cash - from operations 13,00 Learning Objective 2 $ 27,000 Net income 2,000 Cash purchase of equipment 5,800 Decrease in current liabilities 17,000 Increase in current assets other than cash $ 55,000 44,000 20,000 27,000 Prepare the operating activities section using the indirect method for Winding Road Cellular's statement of cash flows for the year ended April 30, 2024. Note: Short Exercise S-F:16-5 must be completed before attempting Short Exercise S-F:16-6. S-F:16-6 Computing cash flows from investing and financing activities Use the data in Short Exercise S-F:16-5 to complete this exercise