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, 2015

Cash Flows from Operating Activities

Net income

Adjustments for noncash effects:

Changes in current assets and current liabilities:

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

7,510

Cash at the end of the period

$

11,275

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

ATM SOFTWARE DEVELOPERS
Statement of Cash Flows
For the Year Ended December 31, 2015
Cash Flows from Operating Activities:
Adjustments to reconcile net income to net cash flows from operating activities in the statement
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