I am having trouble completing this problem. Everything is correct, but I am missing something.

Problem 11-4A Prepare a statement of cash flows-indirect method (LO11-2, 11-3, 11-4, 11-5) The income statement, balance sheets, and additional information for Video Phones, Inc., are provided. VIDEO PHONES, INC. Income Statement For the Year Ended December 31, 2021 Net sales $2,756,000 Expenses: Cost of goods sold $1,700,000 Operating expenses 808,000 Depreciation expense 22,000 Loss on sale of land 7,500 Interest expense 12,500 Income tax expense 43,000 Total expenses 2,593,000 Net income $ 163,000 VIDEO PHONES, INC. Balance Sheets December 31 2021 2020 $172,900 75,500 105,000 9,600 $102,700 55,000 130,000 4,800 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investments Land Equipment Accumulated dep ciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity 100,000 205,000 260,000 (63,000) $865,000 0 230,000 205,000 (41,000) $686,500 $ 61,500 5,500 14,500 $ 76,000 9,000 13,500 275,000 220,000 250,000 258,500 $865,000 250,000 118,000 $686,500 Additional Information for 2021: 1. Purchase investment in bonds for $100,000. 2. Sell land costing $25,000 for only $17,500, resulting in a $7,500 loss on sale of land. 3. Purchase $55,000 in equipment by issuing a $55,000 long-term note payable to the seller. No cash is exchanged in the transaction. 4. Declare and pay a cash dividend of $22,500. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (List cash outflows and any decrease in cash as negative amounts.) X Answer is not complete. $ 163,000 VIDEO PHONES, INC. Statement of Cash Flows For the Year Ended December 31, 2021 Cash Flows from Operating Activities: Net income Adjustments to reconcile net income to net cash flows from operating activities: Depreciation expense Loss (on sale of land) Increase in accounts receivable Decrease in inventory Increase in prepaid rent Decrease in accounts payable Decrease in interest payable Increase in income tax payable 22,000 7,500 (20,500) 25,000 (4,800) (14,500) (3,500) 1,000 $ 175,200 Net cash flows from operating activities Cash Flows from Investing Activities: Purchase investment in bonds (100,000) 17,500 Proceeds from sale of land (82,500) Net cash flows from investing activities Cash Flows from Financing Activities: Payment of cash dividends $ (22,500) Net cash flows from financing activities Net increase in cash Cash at the beginning of the period Cash at the end of the period Note: Noncash Activities (22,500) 70,200 102,700 172,900 $