Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. (The statement of cash flows is not required.) Note: Enter all amounts as positive values. Additional information: a. Net income for the year was $100,000. b. Dividends of $80,000 cash were declared and paid. c. The only noncash expense was $70,000 of depreciation. d. Purchased plant assets for $90,000 cash. e. Notes payable of $20,000 were issued for $20,000 cash. f. $50,000 increase in accounts receivable. g. $30,000 decrease in inventory. h. $10,000 decrease in accounts payable. SCORETECK CORPORATION Spreadsheet for Statement of Cash Flows-Indirect Method For Year Ended December 31, 2021 December 31, 2020 Analysis of Changes Debit Credit December 31, 2021 Balance Sheet-Debit Balance Accounts Cash $ 80,000 $ 70,000 Accounts receivable 120,000 170,000 Inventory 250,000 220,000 Plant assets 600,000 690,000 $ 1,050,000 $ 1,150,000 Balance Sheet-Credit Balance Accounts Accumulated depreciation $ 100,000 $ 170,000 Accounts payable 150,000 140,000 Notes payable 370,000 390,000 Common stock 200,000 200,000 Retained earnings 230,000 250,000 $ 1,050,000 $ 1,150,000 Statement of Cash Flows Operating activities Investing activities Financing activities