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). ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2018 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 3,765 Net increase (decrease) in cash Cash at the beginning of the period 7,510 11,275 Cash at the end of the period Listed below in random order are line items to be included in the statement of cash flows. 8,650 Cash received from the sale of land 13,075 Issuance of common stock. 5,465 Depreciation expense Increase in accounts receivable 4,090 Decrease in accounts payable 1,760 Issuance of long-term notes payable 16,495 Purchase of equipment 39,865 Decrease in inventory 1,475 Decrease in prepaid rent 905 Payment of dividends 6,370 12,400 Net income Purchase of treasury stock 2,615