The comparative balance sheet of Northern Movie Theater Company at March 31, 20X9, reported the following:

Northern's transactions during the year ended March 31, 20X9, included the following:

Required
Prepare Northern Movie Theater Company's statement of cash flows for the year ended March 31, 20X9, using the indirect method to report cash flows from operating activities. Report noncash investing and financing activities in an accompanying schedule.

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March 31, 20X9 20X8 Current assets: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses $ 9,900 $14,000 21,700 60,600 1,700 14,900 63,200 1,900 Current liabilities: Accounts payable$30,300 $27,600 Accrued liabilities Income tax payab L. 10,700 8,000 11,100 4,700 Acquisition of land Sale of long-term investment . $13,700 ..15,300 i47,000 50,000 by issuing note payable.. $101,000 Depreciation expense. 2,000 Cash purchase of building.. Amortization expense... Payment of cash dividend. Cash purchase of 30,000 ..78,700 50,000 Net i Issuance of common stock for cash Stock div 11,000 18,000 equipment .... Issuance of long-term note payable to borrow cash..