The balance sheet for Plasma Screens Corporation, along with additional information, are provided below: PLASMA SCREENS CORPORATION Balance Sheets December 31, 2018 and 2017 2018 2017 Current assets: Accounts receivable Inventory Prepaid rent $ 112,700 131,800 96,000 87,200 2,800 81,200 103,000 5,600 Long-term assets: Equipment Accumulated depreciation 520,000 710,000 (436,000) (284,000) 520,000 822,000 Total assets $1,208,500 $1,263,800 Liabilities and Stockholders' Equity: Current liabilities: Accounts payable Interest payable Income tax payable $ 107,000$ 92,200 13,800 5,800 6,900 9,600 115,000 740,000 Long-term liabilities: Notes payable 230,000 Stockholders' equity: Common stock Retained earnings 740,000 182,000 230,000 Total liabilities and stockholders' equity $1,208,500 $1,263,800 Additional Information for 2018: 1. Net income is $77,000 2. The company purchases $112,000 in equipment. 3. Depreciation expense is $152,000 4. The company repays $115,000 in notes payable 5 .The company declares and pays a cash dividend of $29,000 Required Prepare the statement of cash flows using the indirect method. (List cash outflows and any decrease in cash as negative amounts