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The balance sheets for Plasma Screens Corporation, along with additional Information, are provided below: Additional information for 2024: 1. Net income is $74,000. 2. The

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The balance sheets for Plasma Screens Corporation, along with additional Information, are provided below: Additional information for 2024: 1. Net income is $74,000. 2. The company purchases $115,000 in equipment. No equipment was sold. 3. Depreciation expense is $155,000, Additional information for 2024 : 1. Net income is $74,000. 2. The company purchases $115.000 in equipment. No equipment was sold. 3. Depreciation expense is $155,000. 4. The company repays $105.000 in notes payable. 5. The company declares and pays a cash dividend of $27,500. Required: Prepare the statement of cash flows using the indirect method. (Amounts to be deducted, cash outflows, and any decrease in ca should be indicated with a minus sign.)

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