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Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing the statement of cash flows (Indirect method) for ATM Software Developers. All amounts are in thousands (000s). ATH SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Set income Adjustments to reconcile set Income to net cash flows from operating activities Bet cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Het cash flows from financing activities Het increase (decrease in cash 92,205 Cash at the beginning of the period 7,235 Cash at the end of the period 59.960 Listed below in random order are line items to be included in the statement of cash flows Cash received from the sale of land no gain or loss) Tusuance of common stock Depreciation expe There is accounts receivable Decrease in scents payable Te or long-term totes payable Nehase of equipent Decrease in inventory $ 3,520 12,750 5.400 3.960 1,695 16,170 39,500 1.610 Listed below in random order are line items to be included in the statement of cash flows. Check my work Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term potes payable Purchase of equipment Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock 5 8,520 12,750 5,400 3,960 1,695 16,170 39,540 1,410 840 6,240 11,100 2,550 Required: Prepare the statement of cash flows for ATM Software Developers using the indirect method. (List cash outflows and any decrease in cash as negative amounts. Enter your answers in thousands (i.e., 10,000,000 should be entered as 10,000).) ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities bed Adjustments to reconcile net income to net cash flows from operating activities bok int rences Net cash flows from operating activities Cash Flows from Invitating Activities $ 0 Net cash flows from investing activities Cash Flows from Financing Activities 0 Net cash flows from operating activities Cash Flows from Investing Activities 0 Net cash flows from investing activities Cash Flows from Financing Activities 0 Net cash flows from financing activities 0 Cash at the beginning of the period Cash at the end of the period S 0

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