Requirements Calculate the following items for the statement of cash flows: a. Beginning and ending Plant Assets, Net, were $99,000 and $92,000, respectively. Depreciation for the period was $20,000, and purchases of new plant assets were $40,000. Plant assets were sold at a loss of $7,000. What were the cash proceeds of the sale? b. Beginning and ending Retained Earnings were $43,000 and $73,000, respectively. Net income for the period was $64,000, and stock dividends were $6,000. How much were the cash dividends