E11-21A (similar to) Question Help Requirements Calculate the following items for the statement of cash flows: a. Beginning and ending Plant Assets, Net, were $106,000 and $101,000, respectively. Depreciation for the period was $14,000, and purchases of new plant assets were $24,000. Plant assets were sold at a loss of $5.000. What were the cash proceeds of the sale? b. Beginning and ending Retained Earnings were $47.000 and $73,000, respectively. Net income for the period was $46,000, and stock dividends were $12,000. How much were the cash dividends? Requirement a. Beginning and ending Plant Assets, Net, were S106,000 and $ 101,000, respectively. Depreciation for the period was $14.000, and purchases of new plant assets were $24.000. Plant assets were sold at a loss of $5,000. What were the cash proceeds of the sale? Cash proceeds from the sale were $ 20000