Use the following information of VPI Company to prepare a statement of cash flows for the year ended December 31 using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. Cash balance at prior year-end $ 43,000 Gain on sale of machinery $ 2,750 Increase in inventory 8,000 Cash received from sale of machinery 11,000 Depreciation expense 7,000 Increase in accounts payable 3,000 Cash received from issuing stock 11,000 Net income 53,000 Cash paid for dividends 4,000 Decrease