The accounting records of South Central 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: Net income Adjustments to reconcile net income to net cash provided by (used for) operating activities: Depreciation Gain on sale of land Decrease in current liabilities Increase in current assets other than cash Net cash provided by (used for) operating activities Requirement 2. Evaluate the operating cash flow of South Central Corporation. Explain. Operating cash flow is weak as shown by the negative cash flows from operating activities. Data table Net income 40,000 Depreciation expense $ 13,000 Collection of dividend revenue Payment of interest Gain on sale of land Acquisition of land with cash 7,200 Increase in current liabilities 19,000 Increase in current assets 146,000 other than cash 18,000 Payment of dividends 36,000 Payment of income tax 15,000 25,000 7,800 12,000 Sales revenue - Print Done