Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. (The statement of cash flows is not required.) (Enter all amounts as positive values.)

Additional information:

1. Net income for the year was $111,000.
2. Dividends of $102,000 cash were declared and paid.
3. The only noncash expense was $81,000 of depreciation.
4. Purchased plant assets for $81,000 cash.
5. Notes payable of $31,000 were issued for $31,000 cash.
6. $81,000 increase in accounts receivable.
7. $31,000 decrease in inventory.
8. $21,000 decrease in accounts payable.

SCORETECK CORPORATION
Spreadsheet for Statement of Cash FlowsIndirect Method
For Year Ended December 31, 2019
	Dec. 31, 2018	Analysis of Changes		Dec. 31, 2019
		Debit	Credit
Balance SheetDebit Bal. Accounts
Cash	$113,000			$82,000
Accounts receivable	131,000			212,000
Inventory	272,000			241,000
Plant assets	611,000			692,000
	$1,127,000			$1,227,000
Balance SheetCredit Bal. Accounts
Accumulated depreciation	$111,000			$192,000
Accounts payable	172,000			151,000
Notes payable	381,000			412,000
Common stock	211,000			211,000
Retained earnings	252,000			261,000
	$1,127,000			$1,227,000
Statement of Cash Flows
Operating activities
Investing activities
Financing activities
		$0	$0