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	$141,800	$154,300
Accounts receivable	77,600	91,500
Inventory	94,000	79,100
Prepaid rent	3,800	1,900
Long-term assets:
Land	475,000	475,000
Equipment	774,000	665,000
Accumulated depreciation	(427,000)	(266,000)
Total assets	$1,139,200	$1,200,800
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$98,000	$84,100
Interest payable	6,900	13,800
Income tax payable	7,800	4,900
Long-term liabilities:
Notes payable	115,000	230,000
Stockholders' equity:
Common stock	695,000	695,000
Retained earnings	216,500	173,000
Total liabilities and stockholders' equity	$1,139,200	$1,200,800

Additional Information for 2024:

Net income is $68,000.

The company purchases $109,000 in equipment. No equipment was sold.

Depreciation expense is $161,000.

The company repays $115,000 in notes payable.

The company declares and pays a cash dividend of $24,500.

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.)