Question: Additional Information for 2 0 2 4 : Net income is $ 7 9 , 0 0 0 . The company purchases $ 1 1

Additional Information for 2024:
Net income is $79,000.
The company purchases $110,000 in equipment. No equipment was sold.
Depreciation expense is $150,000.
The company repays $115,000 in notes payable.
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.)
\table[[PLASMA SCREENS CORPORATION,],[For the Year Ended December 31,2024,,],[Cash Flows from Operating Activities,,],[,,],[Adjustments to reconcile net income to net cash,,],[flows from operating activities:,,],[,,],[,,],[,,],[,,],[,,],[,,],[Net cash flows from operating activities,,]]
 Additional Information for 2024: Net income is $79,000. The company purchases

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