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The balance sheets for Plasma Screens Corporation, along with additional information, are provided belov 1. Net income is $59,000. 2. The company purchases $100,000 in
The balance sheets for Plasma Screens Corporation, along with additional information, are provided belov 1. Net income is $59,000. 2. The company purchases $100,000 in equipment. No equipment was sold. 3nanmantinn numamen in \&15? nn 1. Net income is $59,000. 2. The company purchases $100,000 in equipment. No equipment was sold. 3. Depreciation expense is $152,000. 4. The company repays $112,500 in notes payable. 5. The company declares and pays a cash dividend of $20,000. 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.) For the Year Ended December 31, 2024 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities Cash Flows from Investing Activities
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