Neighbor Software Corp. has assembled the following data for the years ending December 31, 2021 and 2020. E: (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Requirement 1. Prepare Neighbor's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash investing and financing activities. 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 activities: Net cash provided by (used for) operating activities More info Transaction Data for 2021: Purchase of treasury stock $ 14,600 Acquisition of land by issuing long-term note payable Stock dividends $ 2,000 12,200 197,000 Gain on sale of equipment 34,800 Payment of cash dividends 12,400 Issuance of long-term note 19,000 payable to borrow cash Collection of loan 50,600 Net income 5,900 123,000 Issuance of common stock Depreciation expense Purchase of building with cash Retirement bonds payable by issuing common stock Purchase of long-term for cash 36,900 75,000 Proceeds from sale of equipment 10,100 investment with cash 44,800 Amortization expense 6,000 Print Done x Data table December 31, 2021 2020 Current Accounts: Current assets: Cash and cash equivalents $ 85,600 $ 22,000 Accounts receivable 40,000 64,400 82,000 8,600 3,900 2,500 Inventories Prepaid expenses Current liabilities: Accounts payable Income tax payable Accrued liabilities $ 57,500 $ 55,100 29,000 17,200 7,000 15,700 Print Done Net income Adjustments to reconcile net income to net cash provided by (used for) operating activities: Depreciation expense Amortization expense Gain on sale of equipment Decrease in accounts receivable Increase in inventories Increase in prepaid expenses Increase in accounts payable Increase in income tax payable Decrease in accrued liabilities Cash flows from investing activities: Net cash provided by (used for) investing activities Purchase of building Purchase of long-term investment Proceeds from sale of equipment Collection of loan Cash flows from financing activities: Net cash provided by (used for) financing activities Issuance of common stock Issuance of long-term note payable Payment of cash dividends Purchase of treasury stock Net increase (decrease) in cash Noncash investing and financing activities: MIL MI Total noncash investing and financing activities Acquisition of land by issuing long-term note payable Cash balance, December 31, 2020 Cash balance, December 31, 2021 Collection of loan Payment of cash dividends Purchase of treasury stock Retirement of bonds payable by issuing common stock Noncash investing and financing activities: TILL d