Sharp Screen Films, Inc, is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized as follows: Additional Data: a. Bought equipment for cash, $58,450. b. Paid $12.000 on the long-term note payable. c. Issued newy shares of stock for $34,900 cash. d. Dividends of $12,050 were declared and paid. e. Other expenses all relate to wages. f. Accounts payable includes only inventory purchases made on credit. leculred: , Prepare the statement of cash flows using the lndirect method for the year ended December 31 . current year. (List cash outflows as egotive amounts.)