Additional Information for $2024$ :

Net income is $$59,000.$

The company purchases $$100,000$ in equipment. No equipment was sold.

Depreciation expense is $$152,000.$

The company repays $$112,500$ in notes payable.

The company declares and pays a cash dividend of $$20,000.$

Required:

Prepare the statement of cash flows using the indirect method. $($Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sian.$)$