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 Cash at the beginning of the period Cash at the end of the period $ 3,165 6,835 $10,000 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) $ 8,600 Issuance of common stock 12,950 Depreciation expense 5,440 Increase in accounts receivable 4,040 Decrease in accounts payable 1,735 Issuance of long-term notes payable 16,370 39,740 1,450 880 6,320 11,900 2,590 Purchase of equipment Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock: Required: Prenare the statement of cash flows for ATM Software Develoners using the indirect method. (List cash outflows and any decrease in 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).) Cash Flows from Operating Activities ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the Year Ended December 31, 2021 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 operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period $ 0 0 $ 0 0