Instant Brake Inc's comparative balance sheet information at December 31, 2023 and 2022, and its income statement for the year ended December 31, 2023, are as follows: During 2023, the following transactions occurred: 1. Purchased equipment for $19.600 cash 2. Sold the investment on January 1, 2023, for $32,800, resulting in investment jncome of $13,520. 3. Sold equipment for $6,920 cash that had originally cost $33,120 and had $20,230 of accumulated depreclation. 4. Issued $28,000 of bonds payable at face value. Required: 1. How much cash was paid in dividends? 2. Prepare a statement of cash flows for Instant Brake for the year ended December 31, 2023, using the indirect method. (List any deduction in cash and cosh outfiows as negative amounts.)