QUESTION 24 Northington, Inc is preparing the company's statement of cash flows for the fiscal year jst ended Using the following information. deternine the amount of activities using the indirect method Net income $182.000 12.300 92.300 50,000 100,000 200,000 300,000 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 35.400 28,800 23,700 32,000 Decrease in accounts receivable Increase in accounts payable Payment of cash dividends $332,200 $236,800 $261,400 $186,800 $189,400