Sullivan's Island Company began operating a subsidiary in a foreign country on January $1,2020,$ by investing capital in the amount of $63,000$ pounds. The subsidiary immediately borrowed $130,000$ pounds on a five$-$year note with $10$ percent interest payable annually beginning on January $1,2021.$ The subsidiary then purchased for $193,000$ 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 $1,2020,$ the subsidiary rented the building for three years to a group of local attorneys for $8,000$ pounds per month. By year$-$end, rent payments totaling $80,000$ pounds had been received, and $16,000$ pounds was in accounts receivable. On October $1,2020,4,200$ pounds was paid for a repair made to the building. The subsidiary transferred a cash dividend of $14,000$ pounds back to Sullivan's Island Company on December $31,2020.$ The functional currency for the subsidiary is the pound. Currency exchange rates for $1$ pound follow:

January $1,2020$ $ $3\mathrm{.}40=1$ Pound

October $1,20203\mathrm{.}45=1$

December $31,20203\mathrm{.}48=1$

Average for $20203\mathrm{.}44=1$

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. $($Round your exchange rate answers to $2$ decimal places. Amounts to be deducted and cash outflows should be indicated with minus sign.$)$