rect 11-4. Required Prepare the operating activities method. Do you see a pattern in Software Distr operating cash flows? What might this imply? E11-10 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 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 $ 108,900 82,000 $126.800 97.000 105,000 89.000 6,000 3,000 530,000 530.000 830,000 720,000 (438,000) 288,000) $1,223,900 $1,277,800 $ 109,000 6,900 $ 94,000 13,800 10,000 6,000 115,000 230,000 750,000 750,000 233,000. 184,000 $1.223.900 $1.277,800 Additional Information for 2021: 1. Net income is $79,000. 2. The company purchases $110,000 in equipment. 3. Depreciation expense is $150,000. 4. The company repays $115,000 in notes payable. 5. The company declares and pays a cash dividend of $30,000. Required: Prepare the statement of cash flows using the indirect method.