The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 53.04 2021 2e2e -ok $ 154,350 74,40e 86,000 2,200 $ 169,000 87,5ee 71,900 1,100 nt 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 435,000 726,000 (403,eee) $1,074,950 435, eee 625 , (250,000) $1,139,5ee int $ 90,000 6,750 6,200 76,900 13,5ee 4,100 112,500 225, een 655, eee 284,500 $1,074,950 655,000 165 , $1,139,5ee Additional Information for 2021 1. Net Income is $60,000 2. The company purchases $101.000 in equipment. 3. Depreciation expense is $153,000 4. The company repays $112,500 in notes payable 5. The company declares and pays a cash dividend of $20,500 PLASMA SCREENS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2021 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