The balance sheet for Plasma Screens Corporation, along with additional information, are provided below: PLASMA SCREENS CORPORATION Balance Sheets December 31, 2018 and 2017 2018 2017 Assets: Current assets: Cash $ 113,500 $ 125,600 Accounts receivable 78,800 93,000 Inventory 97,000 81,800 Prepaid rent 4,400 2,200 Long-term assets: Land 490,000 490,000 Equipment 798,000 680,000 Accumulated depreciation (430,000) (272,000) Total assets $ 1,151,700 $ 1,200,600 Liabilities and Stockholders' Equity: Current liabilities: Accounts payable $ 101,000 $ 86,800 Interest payable 6,300 12,600 Income tax payable 8,400 5,200 Long-term liabilities: Notes payable 105,000 210,000 Stockholders' equity: Common stock 710,000 710,000 Retained earnings 221,000 176,000 Total liabilities and stockholders' equity $ 1,151,700 $ 1,200,600 Additional Information for 2018: 1. Net income is $71,000. 2. The company purchases $118,000 in equipment. 3. Depreciation expense is $158,000. 4. The company repays $105,000 in notes payable. 5 .The company declares and pays a cash dividend of $26,000. Required: Prepare the statement of cash flows using the indirect method