On June 30, 2021, Plaster, Inc., paid $908,000 for 80 percent of Stucco Company's outstanding stock. Plaster assessed the acquisition-date fair value of the 20 percent noncontrolling interest at $227,000. At acquisition date, Stucco reported the following book values for its assets and liabilities: Cash Accounts receivable Inventory Land Buildings Equipment Accounts payable $ 59,300 125,900 201,600 64,800 174,300 298,400 (34,700) (Parentheses indicate credit balances.) On June 30, Plaster allocated the excess acquisition-date fair value over book value to Stucco's assets as follows: Equipment (3-year remaining life) Database (10-year remaining life) $ 74,000 171,400 At the end of 2021, the following comparative (2020 and 2021) balance sheets and consolidated income statement were available: Plaster, Inc. December 31, 2020 $ 41,700 350,800 402,500 291,000 237,500 1,745,000 Cash Accounts receivable (net) Inventory Land Buildings (net) Equipment (net) Database Total assets Accounts payable Long-term liabilities Common stock Noncontrolling interest Retained earnings Total liabilities and equities Consolidated December 31, 2021 $ 235,500 470,700 697,800 355,800 361,800 1,985,500 162,830 $ 4,269,930 $ 104,300 1,172,960 1,755,000 249,000 988,670 $ 4,269,930 $ 3,068,500 $ 78,000 390,000 1,755,000 0 845,500 $ 3,068,500 PLASTER, INC., AND SUBSIDIARY STUCCO COMPANY Consolidated Income Statement For the Year Ended December 31, 2021 Revenues $ 1,184,200 Cost of goods sold $ 717,100 Depreciation 181,900 Database amortization 8,570 Interest and other expenses 9,700 917,270 Consolidated net income $ 266,930 Additional Information for 2021 . On December 1, Stucco paid a $48,800 dividend. Dur the year, Plaster paid $92,000 in dividends. During the year, Plaster issued $782,960 in long-term debt at par. Plaster reported no asset purchases or dispositions other than the acquisition of Stucco. Prepare a 2021 consolidated statement of cash flows for Plaster and Stucco. Use the indirect method of reporting cash flows from operating activities. (Negative amounts and amounts to be deducted should be indicated by a minus sign.) PLASTER, INC., AND SUBSIDIARY STUCCO COMPANY Consolidated Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities: 0 $ 0 Cash flows from investing activities: 0 Cash flows from financing activities: $ 0 $ 0 Beginning cash, 1/1/21 Ending cash, 12/31/21 $ 0