Use the following information of VPI Company 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	$ 41,600	Gain on sale of machinery	$ 2,400
Increase in inventory	6,600	Cash received from sale of machinery	10,300
Depreciation expense	5,600	Increase in accounts payable	2,300
Cash received from issuing stock	9,600	Net income	39,000
Cash paid for dividends	2,600	Decrease in accounts receivable	4,600

VPI COMPANY Statement of Cash Flows Indirect Method For Current Year Ended December 31 Cash flows from operating activities Adjustments to reconcie net income to net cash provided by operating actives Income statement items not afecting catch Changes in current operating area and abilities Cash flows from investing activities Cash flows from financing activities