Compute the following items for the statement of cash flows: a. Beginning and ending Plant Assets, Net, are $175,000 and $161,000, respectively. Depreciation for the period was $26,600, and purchases of new plant assets were $63,000. Plant assets were sold at a $14,000 gain What were the cash proceeds of the sale? b. Beginning and ending Retained Earnings are $61,600 and $96,600, respectively. Net income for the period was $85,400 and stock dividends were $14,000. How much were cash dividends? Requirement a. Beginning and ending Plant Assets, Net are $175,000 and $161,000, respectively. Depreciation for the period was $26,600, and purchases of new plant assets were $63,000 Plant assets were sold at a $14 000 gain What were the cash proceeds of the sale? Cash proceeds from the sale is S Requirement b. Beginning and ending Retained Earnings are $61,600 and $96 600, respectively. Net income for the period was $85,400, and stock dividends were $14,000. How much were cash dividends? Cash dividends are S