Sullivan's Island Company began operating a subsidiary in a foreign country on January $1,2024,$ by investing capital in the amount of

$73,000$ pounds. The subsidiary immediately borrowed $139,000$ pounds on a five$-$year note with $10$ percent interest payable annually

beginning on January $1,2025.$ The subsidiary then purchased for $212,000$ pounds a building that had a $10-$year expected life and no

salvage value and is to be depreciated using the straight$-$line method. Also on January $1,2024,$ the subsidiary rented the building for

three years to a group of local attorneys for $7,000$ pounds per month. By year$-$end, rent payments totaling $70,000$ pounds had been

received, and $14,000$ pounds was in accounts receivable. On October $1,2024,4,700$ pounds was paid for a repair made to the

building. The subsidiary transferred a cash dividend of $12,900$ pounds back to Sullivan's Island Company on December $31,2024.$ The

functional currency for the subsidiary is the pound. Currency exchange rates for $1$ pound follow:

Required:

Prepare a statement of cash flows in pounds for Sullivan's Island Company's foreign subsidiary, and then translate this statement into

U$.$S$.$ dollars.

Note: Round your exchange rate answers to $2$ decimal places. Amounts to be deducted and cash outflows should be indicated

with minus sign.