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

PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020
	2021				2020
Assets
Current assets:
Cash	$	141,800			$	154,300
Accounts receivable		77,600				91,500
Inventory		94,000				79,100
Prepaid rent		3,800				1,900
Long-term assets:
Land		475,000				475,000
Equipment		774,000				665,000
Accumulated depreciation		(427,000	)			(266,000	)
Total assets	$	1,139,200			$	1,200,800
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	98,000			$	84,100
Interest payable		6,900				13,800
Income tax payable		7,800				4,900
Long-term liabilities:
Notes payable		115,000				230,000
Stockholders' equity:
Common stock		695,000				695,000
Retained earnings		216,500				173,000
Total liabilities and stockholders' equity	$	1,139,200			$	1,200,800

Additional Information for 2021:

1. Net income is $68,000.
2. The company purchases $109,000 in equipment.
3. Depreciation expense is $161,000.
4. The company repays $115,000 in notes payable.
5. The company declares and pays a cash dividend of $24,500.

Required: Prepare the statement of cash flows using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)