Sharp Screen Films, Incorporated, is developing its annual financial statements at December $31,$ current year. The statements are 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 summarized

as follows:

Additional Data:

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. SHARP SCREEN FILMS, INCORPORATED

Statement of Cash Flows

For the Year Ended December $31,$ Current Year

$\backslash$table$[[$Cash flows from operating activities:,$],[?,],[\backslash$table$[[$Adjustments to reconcile net income to net cash provided$],[$by operating activities:$]],],[$P$,?],[?,?],[?,],[?,?],[?,],[$P$,0],[?,0],[$Cash flows from investing activities:,$],[?,],[,],[,\backslash$table$[[0]]],[$Cash flows from financing activities:,$],[?,],[?,],[?,],[\backslash ,],[$P$,0],[,?],[,$P$]]$

complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized

as follows:

Additional Data:

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.