Question: plesse help Prepare the statement of cash flows using the indirect method. (Amounts to be deducted, cash outflows, and any decrease in cash should be


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.) Additional Information for 2024 : 1. Net income is $64,000. 2. The company purchases $105,000 in equipment. No equipment was sold. 3. Depreciation expense is $157,000. 4. The company repays $112,500 in notes payable. 5. The company declares and pays a cash dividend of $22,500. \begin{tabular}{|c|c|} \hline Net cash flows from investing activities & 0 \\ \hline Cash Flows from Financing Activities & \\ \hline \multicolumn{2}{|l|}{ Payment of notes payable } \\ \hline \multicolumn{2}{|l|}{ Payment of cash dividends } \\ \hline & \\ \hline Net cash flows from financing activities & 0 \\ \hline \multicolumn{2}{|l|}{ Net decrease in cash } \\ \hline \multicolumn{2}{|l|}{ Cash at the beginning of the period } \\ \hline Cash at the end of the period & $ \\ \hline \end{tabular}
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