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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 $

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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 $ $ eBook 141,050 77,200 93.000 3.600 151.500 91.000 78,200 1.800 470,000 768,000 120.000 $1,128, 050 470.000 660.000 264.0003 51.108,500 References 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 97.000 6.750 7,600 83.200 13.500 4 800 112.500 225.000 690,000 215, po $1,128,650 690.000 172.000 $1,288,502 Additional Information for 2021 1. Net Income is $67,000. 2. The company purchases $108.000 in equipment 3. Depreciation expense is $160,000. 4. The company repays $112.500 in notes payable. 5. The company declares and pays a cash dividend of $24,000. Required: Prepare the statement of cash flows using the Indirect method. (List cash outflows and any decrease in cash as negative amounts. PLASMA SCREENS CORPORATION 1. Net Income is $67,000 2. The company purchases $108,000 in equipment. 3. Depreciation expense is $160,000 4. The company repays $112,500 in notes payable 5. The company declares and pays a cash dividend of $24,000. Required: Prepare the statement of cash flows using the indirect method. (List cash outflows and any decrea PLASMA SCREENS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities | cash flows from operating activities Cash Flows from investing Activities Net cash flows from tinanong Cash at the beginning of the period Cash at the end of the period

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