Northington, inc. is preparing the company's statement or casn Tows for the Tiscal year just endea. using the tonowing intormation, cete the amount of cash flows from operating activities using the indirect method: 5 06 Net income Gain on the sale of equipment Proceeds from the sale of equipment Depreciation expense-equipment Payment of bonds at maturity Purchase of land Issuance of common stock Increase in merchandise inventory Decrease in accounts receivable Increase in accounts payable Payment of cash dividends $182,000 12,300 92,300 50,000 100,000 200,000 300,000 35,400 28,800 23,7ee 32,000 Multiple Choice O $332,200 bang $236,800 SIR9 400