Problem 11-56A Preparing a Statement of Cash Flows Monon Cable Television Company reported the following financial statements for 2013: Additional Information: Equipment (an old antenna) with a cost of $35,000 and accumulated depreciation of $34,000 was taken down and sold as scrap for $1,800 cash during 2013. A new antenna was purchased for cash at an installed cost of $60,000. A building was purchased for $20,000 cash. Trucks were purchased for $6,000 cash. Depreciation expense for 2013 was $28,000. A long-term note payable was issued for $40,000 cash. Dividends of $14,200 were paid during 2013. Required: Hide 1. Prepare a statement of cash flows, using the indirect method to compute net cash flow from operating activities. Use a minus sign for cash outflows and a net decrease in cash. Monon Cable Television Company Statement of Cash Flows For the Year Ended December 31, 2013 Cash flows from operating activities: $ Adjustments to reconcile net income to net cash provided by operating activities: $ Net cash provided by operating activities $ Cash flows from investing activities: $ Net cash used for investing activities Cash flows from financing activities: $ Net cash provided by financing activities $ Cash, 1/1/2013 Cash, 12/31/2013 $ 2. Conceptual Connection: Explain what has been responsible for the decrease in cash. The input in the box below will not be graded, but may be reviewed and considered by your instructor.