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\begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} PLASMA SCREENS CORPORATION \\ Balance Sheets \\ December 31,2024 and 2023 \end{tabular} & 2024 & 2023 \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline \multicolumn{3}{|l|}{ Current assets: } \\ \hline Cash & $108,900 & $126,800 \\ \hline Accounts receivable & 82,000 & 97,000 \\ \hline Inventory & 105,000 & 89,000 \\ \hline Prepaid rent & 6,000 & 3,000 \\ \hline \multicolumn{3}{|l|}{ Long-term assets: } \\ \hline Land & 530,000 & 530,000 \\ \hline Equipment & 830,000 & 720,000 \\ \hline Accumulated depreciation & (438,000) & (288,000) \\ \hline Total assets & $1,223,900 & $1,277,800 \\ \hline \multicolumn{3}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline \multicolumn{3}{|l|}{ Current liabilities: } \\ \hline Accounts payable & $109,000 & $94,000 \\ \hline Interest payable & 6,900 & 13,800 \\ \hline Income tax payable & 10,000 & 6,000 \\ \hline \multicolumn{3}{|l|}{ Long-term liabilities: } \\ \hline Notes payable & 115,000 & 230,000 \\ \hline \multicolumn{3}{|l|}{ Stockholders' equity: } \\ \hline Common stock & 750,000 & 750,000 \\ \hline Retained earnings & 233,000 & 184,000 \\ \hline Total liabilities and stockholders' equity & $1,223,900 & $1,277,800 \\ \hline \end{tabular} Additional Information for 2024: Additional Information for 2024: 1. Net income is $79,000. 2. The company purchases $110,000 in equipment. No equipment was sold. 3. Depreciation expense is $150,000. 4. The company repays $115,000 in notes payable. 5. The company declares and pays a cash dividend of $30,000. Required: Prepare the statement of cash flows using the indirect method. (Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign.)

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