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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

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed 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: 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 cash outflows as negative amounts.) During 2023 , the following transactions occurred: 1. Purchased equipment for \\( \\$ 20,600 \\) cash. 2. Sold the investment on January 1,2023 , for \\( \\$ 42,800 \\), resulting in investment income of \\( \\$ 18,520 \\). 3. Sold equipment for \\( \\$ 7,420 \\) cash that had originally cost \\( \\$ 39,120 \\) and had \\( \\$ 20,150 \\) of accumulated depreciation. 4. Issued \\( \\$ 20,000 \\) of bonds payable at face value. Required: 1. How much cash was paid in dividends

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