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	$	112,700			$	131,800
Accounts receivable		81,200				96,000
Inventory		103,000				87,200
Prepaid rent		5,600				2,800
Long-term assets:
Land		520,000				520,000
Equipment		822,000				710,000
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		6,900				13,800
Income tax payable		9,600				5,800
Long-term liabilities:
Notes payable		115,000				230,000
Stockholders' equity:
Common stock		740,000				740,000
Retained earnings		230,000				182,000
Total liabilities and stockholders' equity	$	1,208,500			$	1,263,800

Additional Information for 2021:

1. Net income is $77,000.
2. The company purchases $112,000 in equipment.
3. Depreciation expense is $152,000.
4. The company repays $115,000 in notes payable.
5. The company declares and pays a cash dividend of $29,000.

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