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
Assets:
Current assets:
Cash	$	113,500	$	125,600
Accounts receivable		78,800		93,000
Inventory		97,000		81,800
Prepaid rent		4,400		2,200
Long-term assets:
Land		490,000		490,000
Equipment		798,000		680,000
Accumulated depreciation		(430,000)		(272,000)
Total assets	$	1,151,700	$	1,200,600
Liabilities and Stockholders' Equity:
Current liabilities:
Accounts payable	$	101,000	$	86,800
Interest payable		6,300		12,600
Income tax payable		8,400		5,200
Long-term liabilities:
Notes payable		105,000		210,000
Stockholders' equity:
Common stock		710,000		710,000
Retained earnings		221,000		176,000
Total liabilities and stockholders' equity	$	1,151,700	$	1,200,600

Additional Information for 2018:

1. Net income is $71,000.

2. The company purchases $118,000 in equipment.

3. Depreciation expense is $158,000.

4. The company repays $105,000 in notes payable.

5 .The company declares and pays a cash dividend of $26,000.

Required: Prepare the statement of cash flows using the indirect method

PLASMA SCREENS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2018 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash fows from financing activities Cash at the beginning of the period Cash at the end of the period