Compute the following items for the statement of cash flows:

1. The beginning and ending Retained Earnings balances are \($47,000\) and \($71,000,\) respectively. Net income for the period is \($93,000.\) How much are cash dividends?

2. The beginning and ending Plant Assets, Net, balances are \($104,000\) and \($113,000,\) respectively. Depreciation for the period is \($13,000,\) and acquisi¬ tions of new plant assets total \($30,000.\) Plant assets were sold at a \($6,000\) loss. What were the cash proceeds of the sale?