Sharp Screen Films, Incorporated, 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 summor. as follows: Additional Data: a. Bought equipment for cash, $59,750. b. Paid $12,600 on the long-term note payable. c. Issued new shares of stock for $35,000 cash. d. Dividends of $10,950 were declared and paid. c. Other expenses all relate to wages. f. Accounts payable includes only inventory purchases made on credit. Required: 1. Prepare the statement of cash flows using the indirect method for the year ended December 31, current yeat. Note: Eist cash outflows as negative amounts. SHARP SCREEN FILMS, INCORPORATED Statement of Cash Flows For the Yoar Ended December 31, Current Year Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by operating activities: Cash flows from investing activities: \begin{tabular}{|l|l|l|} \hline Cash flows from investing activities: & \\ \hline & & \\ \hline Cash flows from financing activities: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}