Check my a. Net Income for the year was $106,000. b. Dividends of $92,000 cash were declared and paid, c. Scoreteck's only noncash expense was $76,000 of depreciation d. The company purchased plant assets for $76,000 cash. e. Notes payable of $26,000 were issued for $26,000 cash. Complete the following spreadsheet in preparation of the statement of cash flows. (The statement of cash flows is not required) Report operating activities under the Indirect method. (Enter all amounts as positive values.) Dec. 31. 2017 5 SCORETECK CORPORATION Spreadsheet for Statement of Cash Flows Indirect Method For Year Ended December 31, 2017 Dec. 31. Analysis of Changes 2016 Debit Credit Balance Sheet Debit Bal. Accounts Cash $ 98.000 Accounts receivable 126,000 Inventory 262,000 Plant assets 606,000 $ 1,092.000 Balance Sheet Credit Bal Accounts Accumulated depreciation $ 106,000 Accounts payable 162.000 Notes payable 375.000 Common stock 206 000 Retained earnings 242,000 $ 1,092.000 72.000 202.000 236,000 662,000 1,192.000 $ $ 182,000 146,000 402.000 205 000 256.000 1.192,000 $ Balance Sheet Debit Bal. Accounts Cash Accounts receivable Inventory Plant assets 98,000 126,000 262.000 606,000 1,092,000 72,000 202,000 236,000 642,000 1,192,000 $ $ $ $ Balance Sheet Credit Bal. Accounts Accumulated depreciation Accounts payable Notes payable Common stock Retained earings 106,000 162,000 376,000 206,000 242,000 1,092,000 182,000 146,000 402,000 206,000 256,000 1,192,000 $ $ Statement of Cash Flows Operating activities Investing activities Financing activities