Natalie Daniels has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CPU Hardware Designers. All amounts are in thousands (000s) CPU HARDWARE DESIGNERS Statement of Cash Flows For the year ended December 31, 2015 Cash Flows from Operating Activities Net income Adjustments for noncash effects Changes in current assets and current liabilities 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 $ (28,000) 90,000 Cash at the end of the period $ 62,000 Below, in random order, are line items to be included in the statement of cash flows Cash received from the sale of land Issuance of common stock Depreciation expense Increase in accounts receivable Increase in accounts payable Loss on sale of land Purchase of equipment Increase in inventory Increase in prepaid rent Payment of dividends Net income Repayment of notes payable $ 4,000 300,000 30,000 70,000 11,000 8,000 230,000 40,000 11,000 50,000 80,000 60,000