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

PLASMA SCREENS CORPORATION
Balance Sheets
December 31, 2024 and 2023
	2024	2023
Assets
Current assets:
Cash	$ 108,900	$ 126,800
Accounts receivable	82,000	97,000
Inventory	105,000	89,000
Prepaid rent	6,000	3,000
Long-term assets:
Land	530,000	530,000
Equipment	830,000	720,000
Accumulated depreciation	(438,000)	(288,000)
Total assets	$ 1,223,900	$ 1,277,800
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 109,000	$ 94,000
Interest payable	6,900	13,800
Income tax payable	10,000	6,000
Long-term liabilities:
Notes payable	115,000	230,000
Stockholders' equity:
Common stock	750,000	750,000
Retained earnings	233,000	184,000
Total liabilities and stockholders' equity	$ 1,223,900	$ 1,277,800

Additional Information for 2024:

1. Net income is $79,000.
2. The company purchases $110,000 in equipment. No equipment was sold.
3. Depreciation expense is $150,000.
4. The company repays $115,000 in notes payable.
5. The company declares and pays a cash dividend of $30,000.

Prepare the statement of cash flows using the indirect method.