The accounting records of North East Corporation reveal the following: (Click the icon to view the data table.) Read the requirements. Requirement 1. Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by (used for) operating activities Data table - Requirements 1. Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. 2. Evaluate the operating cash flow of North East Corporation. Explain. Print Done Net income Collection of dividend revenue Payment of interest Sales revenue Loss on sale of land Acquisition of land with cash 12,000 Depreciation expense 6,900 Increase in current liabilities 15,000 Decrease in current assets 146,000 other than cash 19,000 Payment of dividends 38,000 Payment of income tax $ 14,000 15,000 29,000 7,800 4,000 Clear all Check answer