Compute the following items for the statement of cash flows:

a. Beginning and ending Plant Assets, net, are \(\$ 103,000\) and \(\$ 107,000\), respectively. Depreciation for the period is \(\$ 16,000\), and acquisitions of new plant assets are \(\$ 27,000\). Plant assets were sold at a \(\$ 1,000\) gain. What were the cash proceeds of the sale?

b. Beginning and ending Retained Earnings are \(\$ 45,000\) and \(\$ 73,000\), respectively. Net income for the period is \(\$ 62,000\), and stock dividends are \(\$ 22,000\). How much are cash dividend payments?