E13-16A (similar to) Eldred Corporation has the following activities for the past year: (Click the icon to view the data.) Prepare the statement of cash flows for Eldred Corporation for the year. Eldred Corporation uses the Indirect method for operating activities. Prepare the statement one section at a time. (Use a minus sign or parentheses for numbers that should be subtracted) Eldred Corporation Statement of Cash Flows (Indirect Method) For the Year Ended December 31 Operating Activities: Choose from any list or enter any number in the input fields and then click Check Answer. Eldred Corporation has the following activities for the past year: (Click the icon to view the data.) Prepare the statement of cash flows for Eldred Corporation for the year. Eldred Corporation uses the indirec Adjustments to reconcile net income to cash basis Net cash provided by (used for operating activities i Data Table act for .. ata Eld of C Net income Payment of dividends Proceeds from issuance of stock Purchase of treasury stock Sales revenue Payment of long-term note payable Decrease in current liabilities $? Cost of goods sold ..... $ 44,000 $ 6,000 Other operating expenses $ 15,000 $ 73,000 Depreciation expense $ 16,000 $ 14,000 Purchase of equipment with cash $ 29,000 $ 124,000 Proceeds from sale of land $ 21,000 $ 13,000 Increase in current assets $ 7,000 other than cash $5,000 e Y num Print Done