7. Presented below is information related to the operations of Teachable NEMA Ine. Income statement For the year ended December 31, 2015 Additional information: (a) In 2015, Teachable NEMA declared and paid a cash dividend. (b) The company converted $100,000 of bonds into common stock (c) Equipment with a cost of $22,000 and a book value of $12,000 was sold for $10,000. Land was acquired for cash. Instructions: Prepare a Statement of Cash Flows in proper form. (HINT: The amount of dividend will need to be calculated using relevant information in the question.)