is all one question.

The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: Additional Information for 2024: 1. Net income is $70,000. 2. The company purchases $119,000 in equipment. No equipment was sold. 3. Depreciation expense is $159,000. 4. The company repays $102,500 in notes payable. 5. The company declares and Jays a cash dividend of $25,500. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ For the Year Ended December 31, 2024} \\ \hline Cash Flows from Operating Activities & & \\ \hline Net income & 70,000 & \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Adjustments to reconcile net income to net cash \\ flows from operating activities \end{tabular}} \\ \hline Depreciation expense & 159,000 & \\ \hline Decrease in accounts receivable & 14,100 & \\ \hline Increase in inventory & (15,100) & \\ \hline Increase in accounts payable & 14,100 & \\ \hline Decrease in interest payable & (6,150) & \\ \hline \multirow[t]{2}{*}{ Increase in income tax payable } & 3,100 & \\ \hline & & \\ \hline \\ \hline Net cash flows from operating activities & & 239,050 \\ \hline \multicolumn{3}{|l|}{ Cash Flows from Investing Activities } \\ \hline \multirow[t]{2}{*}{ Purchase of equipment } & (119,000) & \\ \hline & & \\ \hline Net cash flows from investing activities & & (119,000) \\ \hline \multicolumn{3}{|l|}{ Cash Flows from Financing Activities } \\ \hline Payment of cash dividends & (25,500) & \\ \hline Payment of notes payable & (102,500) & \\ \hline+2 & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|c|r|r|} \hline Decrease in interest payable & (6,150) & \\ \hline Increase in income tax payable & 3,100 & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from operating activities & & \\ \hline Cash Flows from Investing Activities & & 239,050 \\ \hline Purchase of equipment & (119,000) & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from investing activities & & \\ \hline Cash Flows from Financing Activities & & \\ \hline Payment of cash dividends & & \\ \hline Payment of notes payable & (119,000) \\ \hline & & \\ \hline Cash at the end of the period & & \\ \hline Net cash flows from financing activities & & \\ \hline \end{tabular}