Thompson Corporation has the following activities for the past year:

Requirement
Prepare the operating activities section of Thompson Corporation's statement of cash flows for the year ended December 31, using the indirect method for operating cash flows.

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Cost of goods sold. Other operating expenses. Depreciation expense Purchase of equipment with cash. Proceeds from sale of land.. Increase in current assets other than cash. Net income... 24 $53,000 Payment of dividends. Proceeds from issuance of stock. Purchase of treasury stock Sales revenue Payment of long-term note payable. Decrease in current liabilities $ 8,000 $ 79,000 $ 16,000 $118,000 $13,000 $22,000 $28,000 $23,000 $ 7,000 $ 11,000 $ 6,000