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
Net increase (decrease) in cash	$	2,085
Cash at the beginning of the period		7,870
Cash at the end of the period	$	9,955

Listed below in random order are line items to be included in the statement of cash flows.

Cash received from the sale of land	$	8,510
Issuance of common stock		12,725
Depreciation expense		5,395
Increase in accounts receivable		3,950
Decrease in accounts payable		1,690
Issuance of long-term notes payable		16,145
Purchase of equipment		39,515
Decrease in inventory		1,405
Decrease in prepaid rent		835
Payment of dividends		6,230
Net income		11,000
Purchase of treasury stock		2,545

Required: Prepare the statement of cash flows for ATM Software Developers using the indirect method. (List cash outflows and any decrease in cash as negative amounts. Enter your answers in thousands (i.e., 10,000,000 should be entered as "10,000).)

ATM SOFTWARE DEVELOPERS
Statement of Cash Flows
For the Year Ended December 31, 2018
Cash Flows from Operating Activities
Adjustments to reconcile net income to net cash flows from operating activities
Net cash flows from operating activities		$0
Cash Flows from Investing Activities
Net cash flows from investing activities		0
Cash Flows from Financing Activities
Net cash flows from financing activities		0
Cash at the beginning of the period
Cash at the end of the period		$0