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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: Required: Prepare the statement of cash flows using the indirect method.

The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: 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.)\table[[Net cash flows from investing activities,0],[Cash Flows from Financing Activities],[,],[,],[,],[Net cash flows from financing activities,0],[,],[Cash at the beginning of the period],[],[Cash at the end of the period,$]]
\table[[\table[[PLASMA SCREENS CORPORATION],[Balance Sheets],[December 31,2024 and 2023]],2024,2023],[\table[[Assets],[rurront accotc.]]],[Current assets:],[\table[[Cash],[Accounts receivable]],\table[[\table[[$144,850],[76,400]]]],\table[[\table[[$156,500],[90,000]]]]],[Inventory,91,000,76,400],[Prepaid rent,3,200,1,600],[Long-term assets:],[Land,460,000,460,000],[Equipment,756,000,650,000],[Accumulated depreciation,(418,000),(260,000)],[Total assets,$1,113,450,$1,174,500],[\table[[Liabilities and Stockholders' Equity],[Current liabilities:]]],[Accounts payable,$95,000,$81,400],[Interest payable,6,750,13,500],[Income tax payable,7,200,4,600],[Long-term liabilities:],[Notes payable,112,500,225,000],[Stockholders' equity:],[Common stock,680,000,680,000],[Retained earnings,212,000,170,000],[Total liabilities and stockholders' equity,$1,113,450,$1,174,500]]
Additional Information for 2024:
Net income is $65,000.
The company purchases $106,000 in equipment. No equipment was sold.
Depreciation expense is $158,000.
The company repays $112,500 in notes payable.
The company declares and pays a cash dividend of $23,000.
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