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.) $43,000 Cash balance at prior year-end Increase in inventory 8,000 7,000 Depreciation expense Cash received from issuing stock Cash paid for dividends Gain on sale of machinery $ 2,750 Cash received from sale of machinery 11,000 Increase in accounts payable 3,000 Net income 53,000 Decrease in accounts receivable 6,000 11,000 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 Cash flows from investing activities Cash flows from financing activities