Data table Superior Exercise Equipment, Inc. Income Statement Year Ended December 31, 2024 - > Net Sales Revenue Cost of Goods Sold Gross Profit $ 710,000 341,000 369,000 Operating Expenses: Depreciation Expense $ 51,000 195,000 Other Operating Expenses 246,000 Total Operating Expenses $ 123,000 Net Income Print Done Superior Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2024 and 2023 Assets 2024 . 2023 Current Assets: Cash Accounts Receivable Merchandise Inventory $ 18,000 $ 17,000 52,000 49,000 87,000 95,000 Long-term Assets: Plant Assets 271,800 223,100 Accumulated Depreciation-Plant Assets (43,800) (35,100) 100,000 80,000 Investments 485,000 $ 429,000 Total Assets Liabilities Print Done superior calculated the following amounts for 2024: . Acquisition value of plant assets, $91,000. Payment of dividends, $76,000. Payment of long-term notes payable, $3,000. Cash receipt from issuance of common stock, $9,000. Superior Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $42,300 No cash was received upon disposal. Prepare the company's statement of cash flows-indirect method-for the year ended December 31, 2024. Assume investments are purchased with cash. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Total Assets Current Liabilities: Accounts Payable Salaries Payable $ 487,000 $ 413,000 Liabilities 80,000 $ 78,000 2,000 6,000 Long-term Liabilities: Notes Payable 62,000 65,000 Total Liabilities 144,000 149,000 Stockholders' Equity Common Stock, no par 47,000 33,000 Retained Earnings 296,000 231,000 343,000 264,000 Total Stockholders' Equity $ 487,000 $ 413,000 Total Liabilities and Stockholders' Equity