Need to complete the question

The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 $ $ 114,250 79,200 98,000 4,600 128,400 93,500 82,700 2,300 495,000 802,000 (431,000) $1,162,050 495,000 685,000 (274,000) $1,212,900 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity $ $ 102,000 6,450 8,600 87,700 12,900 5,300 107,500 215,000 715,000 222,500 $1,162,050 715,000 177,000 $1,212,900 Additional Information for 2021: 1. Net income is $72,000. 2. The company purchases $117,000 in equipment. 3. Depreciation expense is $157,000. 4. The company repays $107,500 in notes payable. 5. The company declares and pays a cash dividend of $26,500. wer is nou PLASMA SCREENS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Net income $ 72,000 Adjustments to reconcile net income to net cash flows from operating activities 157,000 14,300 Depreciation expense Decrease in accounts receivable Increase in inventory Increase in prepaid rent Increase in accounts payable Decrease in interest payable Increase in income tax payable OOOOOOO (15,300) (2,300) 14,300 (6,450) 3,300 $ 236,850 Net cash flows from operating activities Cash Flows from Investing Activities Purchase of equipment (117,000) (117,000) Net cash flows from investing activities Cash Flows from Financing Activities Payment of notes payable Payment of cash dividends (107,500) (26,500) Net cash flows from financing activities Net decrease in cash (134,000) (14,150) Cash at the beginning of the period Cash at the end of the period $ (14,150)