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, 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	$	3,765
Cash at the beginning of the period		6,260
Cash at the end of the period	$	10,025

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

Cash received from the sale of land	$	8,650
Issuance of common stock		13,075
Depreciation expense		5,465
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
Net income		12,400
Purchase of treasury stock		2,615

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).)