The balance sheets for Plasma Screens Corporation, along with additional information, are provided below:

2017 PLASMA SCREENS CORPORATION Balance Sheets December 31, 2018 and 2017 2018 Assets Current assets: Cash 42,600 $ Accounts receivable 63,000 Inventory 78,200 Prepaid rent 7,800 Long-term assets: Land 470,000 Equipment 1,000,500 Accumulated depreciation (584,000) 141,050 77,200 93,000 3,600 470,000 768.000 (424,000) Total assets $ 1,078,100 $ 1.128,850 $ Liabilities and Stockholders' Equity: Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings 83,200 5.400 14,000 97,000 6,750 7,600 27,500 112,500 690,000 258,000 690.000 215,000 Total liabilities and stockholders' equity $ 1,078,100 $ 1,128,850 Additional Information for 2018: 1. Net income is $67,000. 2. The company purchases $232,500 in equipment. 3. Depreciation expense is $160,000. 4. The company repays $85,000 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 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 flows from financing activities Cash at the beginning of the period Cash at the end of the period