Use the following information of VPI Co to prepare a statement of cash flows for the year ended December 31 using the indirect method (Amounts to be deducted should be indicated by a minus sign.) Cash balance at prior year-end Increase in inventory Depreciation expense Cash received from issuing stock Cash paid for dividends $41,080 6,000 5.000 9.000 2.000 Gain on sale of machinery Cash received from sale of machinery Increase in accounts payable Net Income Decrease in accounts receivable 5 2,250 10,000 2,000 33,000 4,000 VPI CO. Statement of Cash Flows (Indirect Method) For Current Year Ended December 31 Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities Income statement items not affecting cash Changes in current operating assets and liabilities Cash flows from investing activities Cash flows from financing activities Selected Annual Income Statement Data Net income $379,000 Depreciation expense 46,000 Amortization expense 7.300 Gain on sale of plant assets 7.900 Selected Year-End Balance Sheet Data Accounts receivable decrease 561,500 Inventory decrease 47,000 Prepaid expenses increase 5,700 Accounts payable decrease 10,000 Salaries payable increase 2.100 Use the Indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31 (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activides Adjustments to reconcile net income to net cash provided by operating activities