Statement of Cash Flows The following are several items involving Tejera Company's cash flow activities for 2019: a. Net Income, $66,400 b. Receipt from Issuance of common stock, $31,000 c. Payment for purchase of equipment, $42,600 d. Payment for purchase of land, $19,600 e. Depreciation expense, $20,500 f. Patent amortization expense, $1,200 g. Payment of dividends, $21,000 h. Decrease in salaries payable, $2,600 1. Increase in accounts receivable, $10,600 j. Beginning cash balance, $32,800 Required Prepare Tejera's statement of cash flows for 2019 using the Indirect method. Use a minus sign for any negative amounts. TEJERA COMPANY Statement of Cash Flows For Year Ended December 31, 2019 Net Cash Flow From Operating Activities Net income 66,400 Adjustments for differences between income flows and cash flows from operating activities: Add: Depreciation expense 20,500 Add: Patent amortization expense 1.200 Less! Increase in accounts receivable Less: Decrease in salaries payable Net Income 66.400 Adjustments for differences between Income flows and cash flows from operating activities: Add: Depreciation expense 20.500 Add: Patent amortization expense 1,200 Lasst Increase in accounts recelvable Less: Decrease in salaries payable -42,600 Net cash provided by operating activities Cash Flows From Investing Activities Payment for purchase of equipment Payment for purchase of land Net cash used for investing activities Cash Flows From Financing Activities Payment of dividends -19,600 21,000 Receipt from Issuance of common stock 31,000 Net cash provided by financing activities Net Increase in cash Cash, January 1, 2019 (1000 Cash, December 31, 2019