The below is a list of activities to be included in the preparation of UMUC's 2013 statement of cash flows. Prepare, IN GOOD FORM, the statement of cash flow under the indirect method.
Net income 69,200
Payment for purchase of building 88,000
Increase in accounts receivable 8,400
Proceeds from issuance of common stock 38,100
Increase in accounts payable 5,500
Proceeds from sale of land 8,000
Depreciation expense 13,600
Payable of dividends 20,000
Gain on sales of land 4,300
Decrease in inventory 4,700
Payment for purchase of L-T investments 10,600
Amortization of discount on bonds payable 2,900
Proceeds from issuance of L-T note payable 17,000
Increase in taxes payable 6,000
Equipment acquire with cash 18,500
Decrease in salaries payable 3,300
Beginning cash balance 21,300