Additional Information on Current Year Transactions a. Purchased equipment for $59,700 cash. b. Issued 13,400 shares of common stock for $5 cash per share. c. Declared and paid $103,000 in cash dividends. Required: Prepare a complete statement of cash flows using the indirect method for the current year. Note: Amounts to be deducted should be indicated with a minus sign. \begin{tabular}{|c|c|c|c|} \hline & & & (36,000) \\ \hline Net increase (decrease) in cash & & $ & 55,600 \\ \hline Cash balance at December 31, prior year & % & & 122,400 \\ \hline Cash balance at December 31, current year & - & $ & 178,000 \\ \hline \end{tabular}