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 $(000$s$).$

ATM SOFTWARE DEVELOPERS

Statement of Cash Flows

Cash Flows from Operating Activities

Net income Ended December $31,2024$

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

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

$\backslash$table$[[$Cash received from the sale of land $($no gain or loss$),8,450],[$Issuance of common stock,$12,575],[$Depreciation expense,$5,365],[$Increase in accounts receivable,$3,890],[$Decrease in accounts payable,$1,660],[$Issuance of long$-$term notes payable,$15,995],[$Purchase of equipment,$39,365],[$Decrease in inventory,$1,375],[$Decrease in prepaid rent,$805],[$Payment of dividends,$6,170],[$Net income,$10,400],[$Purchase of treasury stock,$2,515]]$

Required:

Prepare the statement of cash flows for ATM Software Developers using the indirect method. $($Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign. Enter your answers in thousands $($i$.$e$.,10,000,000$ should be entered as $10,000).)$