The following items were gathered from Sunland Industries' general ledger: Using the indirect method, construct Sunland Industries' statement of cash flows. (Show amounts that decrease cash flow with either a sign, e.g. 15,000 or in parentheses, e.g. (15,000). Sunland Industries Statement of Cash Flows Cash flows from Investing actlvitles Cash flows from operating activitles Cash, ending balance Change in cash Cash flows from finanding activitles Cash, beginning balance Addjustments to net income $ $ \begin{tabular}{|l|} \hline \\ \hline Cash flows from Investing activltles \\ Cash flows from operating actlvitles \\ Cash, ending balance \\ Change in cash \\ Cash flows from financing activitles \\ Cash, beginning balance \\ Adlustments to net Income \end{tabular} 5 V V V Net cash by activities Sunland Industries Statement of Cash Flows Decrease In Inventory Proceeds from dlsposal of equlpment Depreclation and amortization Loss on dlsposal of equlpment Purchase of equlpment Sale of marketable securltles Decrease in accounts recelvable payment of cash dividends Increase in Irventory Decrease in accounts payable Proceeds from lssuance of common stock Increase in accounts recelvable Net Income / (loss) Increase in accounts payable s $ Net cash by activities Sunland Industries Statement of Cash Flows $ Cash flows from Investing activltes Cash flows from finanding activitles Change in cash Adjustments to net Income Cash, ending balance Cash flows from operating activitles Cash, beginning balance $ Net cash by activities Sunland Industries Statement of Cash Flows $ Proceeds from disposal of equipment Decrease in accounts recelvable Depreclation and amortization Loss on dlsposal of equlpment Purchase of equipment Payment of cash dividends Increase in accounts payable Net Income / (loss) Proceeds from lssuance of common stock Increase in accounts recelvable sale of marketable securltles Decrease in accounts payable Decrease In Inventory Increase in imventory $ \begin{tabular}{l} \hline \\ \hline Proceeds from dlsposal of equlpment \\ Decrease in accounts recelvable \\ Depreclatlon and amortlzation \\ Loss on dlsposal of equlpment \\ Purchase of equlpment \\ Payment of cash dividends \\ Increase in accounts payable \\ Net Income / (loss) \\ Proceeds from lssuance of common stock \\ Increase in accounts recelvable \\ Sale of marketable securltles \\ Decrease in accounts payable \\ Decrease in inventory \\ Increase in Irventory \\ \hline \end{tabular} $ Net cash by activities Sunland Industries Statement of Cash Flows 5 Proceeds from lssuance of common stock Sale of marketable securltles Decrease in accounts recelvable Increase in accounts recelvable Decrease in accounts payable Depreclation and amortization Decrease In Irwentory Purchase of equipment Loss on dlsposal of equlpment Net Income / (loss) Payment of cash dividends Increase in Imventory $ Proceeds from dlsposal of equlpment activities Increase in accounts payable Sunland Industries Statement of Cash Flows $ Payment of cash dividends Increase in accounts recelvable Decrease in inventory Decrease in accounts recelvable Proceeds from lssuance of common stock Proceeds from disposal of equlpment Decrease in accounts payable Depreclation and amortization Increase in accounts payable Purchase of equipment Loss on disposal of equipment activities Increase in imventory Sale of marketable securltles Net Income / (loss) Sunland Industries Statement of Cash Flows $ $ Decrease In accounts payable Net Income / (loss) Loss on dlsposal of equlpment. Payment of cash dividends Purchase of equipment Increase in Irventory Increase in accounts payable Depreclatlon and amortization Proceeds from lssuance of common stock Increase in accounts recelvable Proceeds from disposal of equipment Decrease In Irwentory Sale of marketable securltles Decrease in accounts recelvable activities Sunland Industries Statement of Cash Flows 5 $ Proceeds from lssuance of common stock Loss on dlsposal of equlpment Increase In accounts payable Depreclation and amortization Decrease In Inventory Increase in Imventory Sale of marketable securltles Payment of cash dividends Decrease in accounts recelvable Increase in accounts recelvable Proceeds from dlsposal of equipment Decrease In accounts payable Net Income / (loss) Purchase of equlpment activities Net cash by activities Net cash by activities eTextbook and Media Net cash by activities Net cash by activities eTextbook and Media