Prepare the statement of cash flows using the indirect method. (List cash outflows PLASMA SCREENS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities Net income $ 70,000 Adjustments to reconcile net income to net cash flows from operating activities Depreciation expense 159,000 Decrease in accounts receivable 14,100 Increase in inventory (15,100) Purchase of equipment (2,100) Increase in accounts receivable 14,100 Decrease in interest payable (6,150) Increase in income tax payable 3,100 Net cash flows from operating activities Cash Flows from Investing Activities Payment of cash dividends Net cash flows from investing activities Cash Flows from Financing Activities Payment of cash dividends Payment of notes payable (119,000) $ 236,950 (119,000) (25,500) (102,500)