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

Additional Information for $2024$:

Net income is $$72,000.$

The company purchases $$117,000$ in equipment. No equipment was sold.

Depreciation expense is $$157,000.$

The company repays $$107,500$ in notes payable.

The company declares and pays a cash dividend of $$26,500.$

Required:

Prepare the statement of cash flows using the indirect method. $($Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign.$)$

$\backslash$table$[[$PLASMA SCREENS CORPORATION,$],[$Statement of Cash Flows,$],[$Cash Flows from Operating Activities,,$],[,,],[\backslash$table$[[$Adjustments to reconcile net income to net cash$],[$flows from operating activities$]],,],[,,],[,,],[,,]]$