Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indr method. (Amounts to be deducted should be indicated by a minus sign.) Cash balance at prior year-end Increase in inventory $43,600 Gain on sale of machinery $ 2,900 8,600 Depreciation expense 7,600 Cash received from sale of machinery Increase in accounts payable 11,300 Cash received from issuing stock 11,600 Net income Cash paid for dividends 4,600 Decrease in accounts receivable. 3,300 59,000 6,600 VPI CO. Statement of Cash Flows (Indirect Method) Cash flows from operating activities Net income For Current Year Ended December 31 Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Depreciation expense Gain on sale of machinery Changes in current operating assets and liabilities Decrease in accounts receivable Increase in inventory Increase in accounts payable Net cash provided by operating activities Cash flows from investing activities $ 0 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Depreciation expense Gain on sale of machinery Changes in current operating assets and liabilities Decrease in accounts receivable Increase in inventory Increase in accounts payable Net cash provided by operating activities Cash flows from investing activities Cash received from sale of machinery Net cash provided by investing activities Cash flows from financing activities Cash received from issuing stock Cash paid for dividends Net cash provided by financing activities Net increase in cash Cash balance at prior year-end Cash balance at current year-end $ 0 0 $ 0 0 0