Statement of Cash Flows The following is a list of the items to be included in the preparation of Warrick Company's 2016 statement of cash flows: a. Net income, $53,500 b. Payment for purchase of building, $95,000 c. Increase in accounts receivable, $7,300 d. Proceeds from issuance of common stock, $36,000 e. Increase in accounts payable, $4,700 f. Proceeds from sale of land, $7,500 g. Depreciation expense, $15,000 h. Payment of dividends, $34,000 i. Gain on sale of land, $4,600 j. Decrease in inventory, $4,000 k. Payment for purchase of long-term investments, $9,400 I. Amortization of discount on bonds payable, $1,000 m. Proceeds from issuance of note, $17,000 n. Increase in deferred taxes payable, $4,500 o. Equipment acquired by capital lease, $19,200 p. Decrease in salaries payable, $2,800 q. Beginning cash balance, $25,300