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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: 1. Net income is $73,000. 2. The company purchases $116,000 in

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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: 1. Net income is $73,000. 2. The company purchases $116,000 in equipment. No equipment was sold. 3. Depreciation expense is $156,000. 4. The company repays $110,000 in notes payable. 5. The company declares and pays a cash dividend of $27,000. Required: Prepare the statement of cash flows using the indirect method. (Amounts to be deduc should be indicated with a minus sign.)

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