The balance sheets for plasma screens corporation, along with additional information, are provided below:
plasma screens corporation
balance sheets
december 31, 2021 and 2020
2021 2020
assets
current assets:
cash $ 141,800 $ 154,300
accounts receivable 77,600 91,500
inventory 94,000 79,100
prepaid rent 3,800 1,900
long-term assets:
land 475,000 475,000
equipment 774,000 665,000
accumulated depreciation (427,000 ) (266,000 )
total assets $ 1,139,200 $ 1,200,800
liabilities and stockholders' equity
current liabilities:
accounts payable $ 98,000 $ 84,100
interest payable 6,900 13,800
income tax payable 7,800 4,900
long-term liabilities:
notes payable 115,000 230,000
stockholders' equity:
common stock 695,000 695,000
retained earnings 216,500 173,000
total liabilities and stockholders' equity $ 1,139,200 $ 1,200,800
additional information for 2021:
net income is $68,000.
the company purchases $109,000 in equipment.
depreciation expense is $161,000.
the company repays $115,000 in notes payable.
the company declares and pays a cash dividend of $24,500.
required:
prepare the statement of cash flows using the indirect method.

Please see the Cash Flow Statement for Plasma Screens Corporation below:

Explanation:

PLASMA SCREENS CORPORATION      

Statement of Cash Flows      

For the Year Ended December 31, 2021      

CASH FLOWS FROM OPERATING ACTIVITIES    $

Net Income             68,000

Adjustments to reconcile net income to

net cash provided by operating activities:      

Depreciation on Fixed Assets          161,000

(Increase) Decrease in Current Assets:      

Accounts Receivables                   13,900  

Inventory                   (14,900)

Prepaid Rent                     (1,900)

Increase (Decrease) in Current Assets:      

Accounts Payable              13,900  

Interest Payable              (6,900)

Income Tax Payable               2,900  

NET CASH PROVIDED BY OPERATING ACTIVITIES  236,000  

CASH FLOWS FROM INVESTING ACTIVITIES      

Purchase of Equipment                                      (109,000)

NET CASH USED IN INVESTING ACTIVITIES    (109,000)

CASH FLOWS FROM FINANCING ACTIVITIES      

Payment of Notes Payable                               (115,000)

Payment of Cash Dividends                                     (24,500)

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES  (139,500)

NET INCREASE (DECREASE) IN CASH       (12,500)

Cash Balance, December 31 2020                154,300

Cash Balance, December 31 2021                 141,800  

answer(b) revenue account which increases;