Additional Information for 2024 : 1. Net income is $79,000. 1. Net income is $79,000. 2. The company purchases $110,000 in equipment. No equipment was sold. 3. Depreciation expense is $150,000. 4. The company repays $115,000 in notes payable. 5. The company declares and pays a cash dividend of $30,000. 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 sign.)