Statement of Cash Flows

The following are several items involving Tejera Company's cash flow activities for 2019:

1. Net income, $61,400
2. Receipt from issuance of common stock, $31,000
3. Payment for purchase of equipment, $42,600
4. Payment for purchase of land, $19,600
5. Depreciation expense, $20,500
6. Patent amortization expense, $1,200
7. Payment of dividends, $21,000
8. Decrease in salaries payable, $2,600
9. Increase in accounts receivable, $10,600
10. 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.

Net Cash Flow From Operating Activities
Add: Decrease in salaries payableAdd: Depreciation expenseAdd: Increase in accounts receivableAdd: Patent amortization expenseLess: Decrease in salaries payableLess: Depreciation expenseLess: Increase in accounts receivableLess: Patent amortization expenseNet incomePayment for purchase of equipment	$- Select -
Adjustments for differences between income flows and cash flows from operating activities:
Add: Depreciation expenseAdd: Increase in accounts receivableCash, January 1, 2019Cash, December 31, 2019Less: Depreciation expenseLess: Patent amortization expenseNet decrease in cashNet incomeNet increase in cashReceipt from issuance of common stock	- Select -
Add: Decrease in salaries payableAdd: Increase in accounts receivableAdd: Patent amortization expenseLess: Depreciation expenseLess: Patent amortization expenseNet incomePayment for purchase of equipmentPayment for purchase of landPayment of dividendsReceipt from issuance of common stock	- Select -
Add: Decrease in salaries payableAdd: Increase in accounts receivableLess: Depreciation expenseLess: Increase in accounts receivableLess: Patent amortization expenseNet incomePayment for purchase of equipmentPayment for purchase of landPayment of dividendsReceipt from issuance of common stock	- Select -
Add: Decrease in salaries payableAdd: Increase in accounts receivableLess: Decrease in salaries payableLess: Depreciation expenseLess: Patent amortization expenseNet incomePayment for purchase of equipmentPayment for purchase of landPayment of dividendsReceipt from issuance of common stock	- Select -
Net cash provided by operating activities		$fill in the blank 11
Cash Flows From Investing Activities
Add: Depreciation expenseAdd: Increase in accounts receivableAdd: Patent amortization expenseLess: Decrease in salaries payableLess: Depreciation expenseLess: Increase in accounts receivableLess: Patent amortization expenseNet incomePayment for purchase of equipmentPayment of dividends	$- Select -
Add: Decrease in salaries payableAdd: Depreciation expenseAdd: Increase in accounts receivableAdd: Patent amortization expenseLess: Decrease in salaries payableLess: Depreciation expenseLess: Increase in accounts receivableLess: Patent amortization expenseNet incomePayment for purchase of landPayment of dividends	- Select -
Net cash used for investing activities		fill in the blank 16
Cash Flows From Financing Activities
Add: Depreciation expenseAdd: Patent amortization expenseCash, January 1, 2019Cash, December 31, 2019Less: Depreciation expenseLess: Patent amortization expenseNet decrease in cashNet incomeNet increase in cashPayment for purchase of landPayment of dividends	$- Select -
Add: Decrease in salaries payableAdd: Depreciation expenseAdd: Increase in accounts receivableAdd: Patent amortization expenseLess: Decrease in salaries payableLess: Depreciation expenseLess: Patent amortization expenseNet incomePayment for purchase of equipmentReceipt from issuance of common stock	- Select -
Net cash provided by financing activities		fill in the blank 21
Net decrease in cashNet increase in cash		$- Select -
Cash, January 1, 2019Cash, December 31, 2019		- Select -
Cash, January 1, 2019Cash, December 31, 2019		$- Select -

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