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 $42,600 7,600 6,600 10,600 3,600 Gain on sale of machinery Cash received from sale of machinery Increase in accounts payable Net income Decrease in accounts receivable $ 2,650 10,800 2,800 49,000 5,600 VPI 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 not cash provided by operating activities Income statement items not affecting cash $ 49.000 Changes in current operating assets and abilities Decrease in accounts receivable increase in accounts payable increase in inventory $ 49,000 Net cash provided by operating activities Cash flows from Investing activities Cash received from sale of machinery 0 Cash flows from financing activities Cash received from issuing stock Cash paid for dividends Nel cash provided by financing activities