im not sure how to do the rest of this problem. can you please help?

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. $3,436,000 VIDEO PHONES, INC. Income Statement For the Year Ended December 31, 2021 Net sales Expenses: Cost of goods sold $2,250,000 Operating expenses 918,000 Depreciation expense 33,eee Loss on sale of land 8,600 Interest expense 18, eee Income tax expense 54, eee Total expenses Net income 3,281,600 $ 154,400 VIDEO PHONES, INC. Balance Sheets December 31 2021 2020 $ 267,160 87,600 105,000 13,440 $194,280 66,eee 141,000 6,720 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investments Land Equipment Accumulated depreciation 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 111,000 216,eee 282,000 (76,200) $1,006,000 @ 252, eee 216,000 (43,200) $832,300 $ 71,400 6,600 15,600 $ 87,000 11,200 14,600 297,000 231,000 360,000 255,400 $1,006,000 360,000 129,000 $832,800 Additional Information for 2021: 1. Purchase investment in bonds for $111,000 2. Sell land costing $36,000 for only $27,400, resulting in a $8,600 loss on sale of land Stockholders' equity: Cortion stock Retained earnings Total liabilities and stockholders' cquity 360,000 255,400 $1,000,000 360,000 129.000 $832,800 Additional Information for 2021 1. Purchase investment in bonds for $111,000. 2 Sell land costing $36,000 for only $27.400, resulting in a $8,600 loss on sale of land. 3. Purchase $66,000 in equipment by issuing a $66,000 long-term note payable to the seller. No cash is exchanged in the transaction 4. Declare and pay a cash dividend of $28,000. 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.) Answer is not complete. s154200 33,000 VIDEO PHONES, INC Statement of Cash Flowe 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 8.600 O 38.000 OOOOOOOO 232.000 Net cash flows from operating activities Cash Flows from Investing Activities Purchase investment in bands o Net cash flows from investing activities Cash Flows from Financing Activities Payment of cash dividends 0 Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period Note: Nonash Activities Purchase equipment issuing a note payable