The accounting records of South West 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

$\backslash$table$[[$Net income,$$13,000,$Depreciation expense,$ $11,000],[\backslash$table$[[$Collection of dividend$],[$revenue$]],7,400,$Increase in current liabilities,$15,000],[$Payment of interest,$19,000,$Increase in current assets,$],[$Sales revenue,$206,000,$other than cash,$29,000],[$Gain on sale of land,$20,000,$Payment of dividends,$7,200],[\backslash$table$[[$Acquisition of land with$],[$cash$]],44,000,$Payment of income tax,$5,000]]$