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).
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) $ 8,510
Issuance of common stock 12,725
Depreciation expense 5,395
Increase in accounts receivable 3,950
Decrease in accounts payable 1,690
Issuance of long-term notes payable 16,145
Purchase of equipment 39,515
Decrease in inventory 1,405
Decrease in prepaid rent 835
Payment of dividends 6,230
Net income 11,000
Purchase of treasury stock 2,545
Prepare the statement of cash flows for ATM Software Developers using the indirect method.