The accountant for Rimmerex Corporation used a spreadsheet to prepare information needed to prepare the statement of cash flows for the year ending December 31, 20X5. However, the data were accidentally sorted alphabetically into the following listing of items. To compound the problem, the "add" and "subtract" notations for each line item were also deleted. Review the information, and prepare a correct presentation, using the indirect approach. The beginning cash balance was $63,800, and the ending cash balance was $415,000.
		Bought building by issuing common stock		$ 850,000
		Decrease in accounts payable		34,000
		Decrease in accounts receivable		21,000
		Depreciation expense		68,000
		Dividends on common		50,000
		Gain on sale of land		20,000
		Increase in income taxes payable		7,000
		Increase in inventory		27,800
		Increase in prepaid insurance		3,000
		Net income		215,000
		Purchase of equipment		75,000
		Repayment of long-term note payable		180,000
		Sale of land		430,000