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 $43,400 8,400 Gain on sale of machinery $ 2,850 Depreciation expense 7,400 Cash received from sale of machinery Increase in accounts payable 11,200 Cash received from issuing stock 11,400 Net income Cash paid for dividends 4,400 Decrease in accounts receivable 3,200 57,000 6,400 VPI CO. Statement of Cash Flows (Indirect Method) Cash flows from operating activities For Current Year Ended December 31 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 Cash flows from investing activities Cash flows from financing activities $ 0 0 $ 0 0