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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: Additional Information for 2024 . 1. Net income is $64,000. 2.

image text in transcribed The balance sheets for Plasma Screens Corporation, along with additional information, are provided below: Additional Information for 2024 . 1. Net income is $64,000. 2. The company purchases $105,000 in equipment. No equipment was sold. 3. Depreciation expense is $157,000. 4. The company repays $112,500 in notes payable 5 The company declares and pays a cash dividend of $22.506

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