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Exerclse 11-10A Prepare a statement of cash flows-Indlrect method (LO11-3, 11-4, 11-5) The balance sheets for Plasma Screens Corporation, along with additional Information, are provided
Exerclse 11-10A Prepare a statement of cash flows-Indlrect method (LO11-3, 11-4, 11-5) The balance sheets for Plasma Screens Corporation, along with additional Information, are provided below. Additional Information for 2021: 1. Net Income is \\( \\$ 63,000 \\). 2. The company purchases \\( \\$ 104,000 \\) in equipment. 3. Depreclation expense is \\( \\$ 156,000 \\). 4. The company repays \\( \\$ 115,000 \\) in notes payable. 5. The company declares and pays a cash dlvidend of \\( \\$ 22000 \\). Required: Prepare the statement of cash flows using the indirect method. (LIst cash outflows and any decrease in cash as negative amounts.)
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