Problem 11-2A Classify items and prepare the statement of cash flows (LO11-1, 11-3, 11-4, 11-5) Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing the statement of cash flows (indirect method) for ATM Software Developers. All amounts are in thousands (000s). ATH SOFTWARE DEVELOPERS 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 Net cash flows from financing activities Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period: $1,485 8,445 $9,930 Listed below in random order are line items to be included in the statement of cash flows. Cash received from the sale of land (no gain or loss) $ 8,460 Issuance of common stock. 12,600 Depreciation expense 5,370 Increase in accounts receivable 3,900 Decrease in accounts payable 1,665 Issuance of long-term notes payable 16,020 Purchase of equipment 39,390 Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock 1,380 810 6,180 10,500 2,520