Make a statement of cash flows using the below information. December$-31$

$20232022$

Assets:

Cash $$32,300$ $$40,800$

Accounts Receivable $79,900107,100$

Investments$-$ trading $88,40081,600$

Equipment $425,000345,100$

Accumulated Depreciation$-$ Eqp $(147,900)(136,000)$

Land $86,70049,300$

Total Assets $564,400487,900$

Liabilities and Equity

Accounts Payable $$18,700$ $$6,800$

Current portion of Long$-$Term Debt $8,00010,000$

Long$-$Term Note Payable $119,50075,000$

Common Stock $130,90081,600$

Retained Earnings $287,300314,500$

Total Liabilities and Equity $564,400487,900$

Additonal information:

$1.$ Net income for the year ended December $31,2023$ was $$161,500.$

$2.$ Cash dividends were declared and paid in $2023.$

$3.$ Equipment, with an original cost of $$51,000$ and with accumulated depreciation of $$13,600,$ was sold for proceeds

equal to book value during $2023.$

$4.$ The investments are reported at Fair Value at the balance sheet date. During $2023,$ an investment with a cost

of $$12,000$ was purchased. No other investment transactions occurred during the year. Fair value adjustments are

reported directly on the income statement.

$5.$ In $2023,$ land was aquired through the issuance of common stock. The balance

of the common stock issued was for cash.