Nathan Herrmann has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CEO Consultants. Listed below in random order are line items to be included in the statement of cash flows. Purchase of equipment $ 221,000 Increase in inventory 31,000 Increase in prepaid rent 8,000 Payment of dividends 37,000 Depreciation expense 16,000 Increase in accounts receivable 47,000 Increase in accounts payable 22,000 Loss on sale of land 10,500 Net income 69,000 Repayment of notes payable 41,000 Cash received from the sale of land 3,500 Issuance of common stock 241,000 Prepare the statement of cash flows for CEO Consultants using the indirect method. (Amounts to be deducted and negative values should be indicated by minus sign.)