Natalie King 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, 2021 Cash Flows from 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 Het cash flows from financing activities Net increase (decrease in cash Cash at the beginning of the period Cash at the end of the period $(47,800) B1,000 $ 33,200 Below, in random order, are line items to be included in the statement of cash flows. Canh received from the sale of Land Insuance of common stock Depreciation expense Incrense in accounts receivable Increase in accounts payablo LORS on sale of land Purchase of equipment Increase in inventory TAITARA I rand van $ 3.100 255,000 21,000 61,000 11,000 7.100 221,000 32.000 11.00 w 11 increase in inventory Increase in prepaid rent Payment of dividends Net income Repayment of notes payable 31, 11,000 41,000 71,000 51,000 53 oints Required: Prepare the statement of cash flows for CPU Hardware Designers using the Indirect method. (List cash outflows and any decrease in cash as negative amounts. Enter your answers in thousands (.e., 10,000,000 should be entered as "10,000).) Print References CPU HARDWARE DESIGNERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Adjustments to reconcile not income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities ME GE HO 30 11 0.53 points Net cash flows from operating activities Cash Flows from Investing Activities Print References Net cash flows from Investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period he Graw DEM