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

PLASMA SCREENS CORPORATION

Balance Sheets

December $31,2024$ and $2023$

$20242023$

Assets

Current assets:

Cash $$112,700$ $$131,800$

Accounts receivable $81,20096,000$

Inventory $103,00087,200$

Prepaid rent $5,6002,800$

Long$-$term assets:

Land $520,000520,000$

Equipment $822,000710,000$

Accumulated depreciation $(436,000)(284,000)$

Total assets $$1,208,500$ $$1,263,800$

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $$107,000$ $$92,200$

Interest payable $6,90013,800$

Income tax payable $9,6005,800$

Long$-$term liabilities:

Notes payable $115,000230,000$

Stockholders' equity:

Common stock $740,000740,000$

Retained earnings $230,000182,000$

Total liabilities and stockholders' equity $$1,208,500$ $$1,263,800$

Additional Information for $2024$:

Net income is $$77,000.$

The company purchases $$112,000$ in equipment. No equipment was sold.

Depreciation expense is $$152,000.$

The company repays $$115,000$ in notes payable.

The company declares and pays a cash dividend of $$29,000.$

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.$)$