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).

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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 ows from operating activities: Net cash ows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from nancing activities Net increase (decrease) in cash $ 3,285 Cash at the beginning of the period 6,720 Cash at the end of the period $ 10,005 Listed below in random order are line items to be included in the statement of cash flows. Cash received from the sale of land $ 8,610 Issuance of common stock 12,975 Depreciation expense 5,445 Increase in accounts receivable 4,050 Decrease in accounts payable 1,740 Issuance of long-term notes payable 16,395 Purchase of equipment 39,765 Decrease in inventory 1,455 Decrease in prepaid rent 885 Payment of dividends 6,330 Net income 12,000 Purchase of treasury stock 2,595 ' Cash Flows from Operating Activities __ Adjustments to reconcile net income to net cash ows from operating activities Net cash ows from operating activities Cash Flows from Investing Activities Lln-I- nnnl' an...\" 3H.\" .n. Inn':n nod-hut\"... n Net cash ows from investing activities Cash Flows from Financing Activities Net cash flows from nancing activities Cash at the beginning of the period Cash at the end of the period