During the year White issued a $5,200 note payable White acquired equipment worth $16,000, and made payments on the long-term notes payable in the amount of $7,200 during the year. Assume the company paid cash for the acquisition of plant assets. White Media's statement of cash flows-indirect method for the year ended December 31, 2024 Prepare Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) White Media Corporation Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities. Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2023 Cash Balance, December 31, 2024 Data table Current Assets Cash Accounts Receivable Long-term Assets Total Assets CIE White Media Corporation Comparative Balance Sheet December 31, 2024 and 2023 Assets Plants Assets Accumulated Depreciation-Plant Assets Current Liabilities Accounts Payable Long-term Liabilities Notes Payable Total Liabilities Liabilities Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 2024 $ 5,300 $ 10.100 2023 103,350 87,350 (28,350) (18,350) $ 90,400 S 77,700 6,400 S 4,100 4,600 6,000 8,000 10,000 14,400 16,000 18,000 17,000 58.000 44,700 76,000 61,700 $ 90,400 S 77,700 Data table White Media Corporation Income Statement Year Ended December 31, 2024 S Sales Revenue Depreciation Expense-Plant Assets Other Expenses Net Income Print $ Done - X 76,000 10.000 52.000 14,000