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Portions of the financial statements for Just In Case Technologies are provided below. Required: Prepare the operating activities section of the statement of cash flows for Just In Case Technologies using the indirect method. (Amaunte ta ho dedurted chauld he indirated unith a minue cirn) The income statement, balance sheets, and additional information for Video Phones, Incorporated, are provided. VIDEO PHONES, INCORPORATED Income Statement For the Year Ended December 31, 2024 Net sales Expenses: Cost of goods sold $2,400,000 Operating expenses 948,000 Depreciation expense 36,000 Loss on sale of land 8,900 Interest expense 19,500 Income tax expense Total expenses Net income 3,469,400$116,600 Additional Information for 2024: 1. Purchased investment in bonds for $114,000. 2. Sold land for $30,100. The land originally was purchased for $39,000, resulting in a $8,900 loss being recorded at the time of the sale. 3. Purchased $69,000 in equipment by issuing a $69,000 long-term note payable to the seller. No cash was exchanged in the transaction. 4. Declared and paid a cash dividend of $29,500. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (Amounts to be deducted, cash outflows, and any decrease in cash should be indicated with a minus sign.)