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 $43, 200 Gain on sale of machinery $ 2,800 Increase in inventory 8, 200 Cash received from sale of machinery 11, 100 Depreciation expense 7,200 Increase in accounts payable 3, 100 Cash received from issuing stock 11, 200 Net income 55, 000 Cash paid for dividends 4, 200 Decrease in accounts receivable 6, 200VPI CO. Statement of Cash Flows (Indirect Method) For Current Year Ended December 31 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 V Increase in accounts payable Increase in inventory Net cash provided by operating activities $ 0 Cash flows from investing activities Cash received from sale of machinery Net cash used by investing activities X 0 Cash flows from financing activities Cash received from issuing stock Cash paid for dividends V Net cash used by financing activities X 0 Net decrease in cash X $ Cash balance at prior year-end Cash balance at current year-end 0