Trainer Exercise Equipment, Inc. reported the following financial statements for 2024 : (Click the icon to view the income statement.) : (Click the icon to view the comparative balance sheet) (Click the icon to view additional information.) Prepare the company's statement of cash flows - indirect method - for the year ended December 31, 2024. Assume investments are purchased with cash. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating a \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{\begin{tabular}{l} Trainer Exercise Equipment, Inc. \\ Income Statement \\ Year Ended December 31, 2024 \end{tabular}} \\ \hline Net Sales Revenue & & l & $ & 714,000 \\ \hline Cost of Goods Sold & & & & 345,000 \\ \hline Gross Profit & & & & 369,000 \\ \hline \multicolumn{5}{|l|}{ Operating Expenses: } \\ \hline Depreciation Expense & $ & 48,000 & & \\ \hline Other Operating Expenses & & 180,000 & & \\ \hline Total Operating Expenses & & & & 228,000 \\ \hline Net Income & & & $ & 141,000 \\ \hline \end{tabular} Data table Data table Trainer calculated the following amounts for 2024 - Acquisition value of plant assets, $88,000 - Payment of dividends, $85,500. - Payment of long-term notes payable, $8,000. - Cash receipt from issuance of common stock, $12,000. Trainer Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $40,500. No cash was received upon disposal