Additional data related to 2017 are as follows. Equipment that had cost $30,000 and was 25% depreciated at time of disposal was sold for $18,000. Cash dividends paid were $10,000. During the year, $15,000 of common stock was issued in exchange for equipment. Land that had cost $39,000 was sold for $2, 400 above its cost. A long-term note, $17,000 was issued in exchange for land. Interest of $4,000 and income taxes of $10,000 were paid in cash. Prepare a statement of cash flows using the method