Sharp Screen Films, Inc, is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized as follows: Additional Dota. a. Bought equipment for cash, $58,050 b. Paid $11,700 on the long-term note payable. c. Issued new shares of stock for $34,400 cash d. Dividends of $12,650 were declared and paid. e. Other expenses all relate to wages. f. Accounts payable includes only inventory purchases made on credit. Statement of Cash Flows For the Year Ended December 31, Current Year Cash fows from operating activities: Adjustments to reconcile net income to net cash provided by operating activities: Sharp Screen Films, Inc, is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized as follows: Additional Dota. a. Bought equipment for cash, $58,050 b. Paid $11,700 on the long-term note payable. c. Issued new shares of stock for $34,400 cash d. Dividends of $12,650 were declared and paid. e. Other expenses all relate to wages. f. Accounts payable includes only inventory purchases made on credit. Statement of Cash Flows For the Year Ended December 31, Current Year Cash fows from operating activities: Adjustments to reconcile net income to net cash provided by operating activities