Team Shirts, Inc purchased a stamping machine for $21,000 from a German company. Depreciation for the machine was $4,200 for the year

How is the accounting information for the stamping machine reported on the statement of cash flows prepared using the indirect method?
What will be an ideal response?

The $4,200 would be added to net income in the operating activities section of the statement of cash flows. The purchase of $21,000 would be reported as a cash outflow in the investing activities section of the statement.