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help The income statement, balance sheets, and additional information for Video Phones, Incorporated, are prov Additional Information for 2024: 1. Purchased investment in bonds for
help The income statement, balance sheets, and additional information for Video Phones, Incorporated, are prov Additional Information for 2024: 1. Purchased investment in bonds for $104,000 Additional Information for 2024: 1. Purchased imvestment in bonds for $104,000 : 2. Sold land for $21300. The land oeiginaly was purchased for $29.000, resuling in a $7900 lass being recoeded at the vime of the sale. 3. Purchased $59,000 in equipment by issuing a $59,000 long term note poyable to the sellec No cash was exchanged in the transaction. 4. Declared and poid a cash dividend of $24,500 Required: Prepare the statement of cash flows using the indirect method. Daclose any noncish tranabctions in an accompanying note. (Amounts to be deducted, cash outfiows, and any decrease in cash should be indicated with a minus sign) 10 Stabement of Cash Flow: 909 soints refoot fine Proy to of 11 : Next
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