The following $2024$ information is available for your Company:

Income Statement for $2024$:

Sales $9,000$

Cost of good sold $(6,000)$

Other expense $($including depreciation expense of $$50).(2,000)$

Loss on sale of equipment $(260)$

Gain on sale of land $400$

Net income $1,140$

Comparative Balance Sheet:

$12/31/2312/31/24$

Cash $7001,130$

Accounts receivable $450310$

Inventory $350400$

Land $300500$

Equipment $1,6001,800$

Less: Accumulated depreciation $(200)(150)$

Accounts payable $600750$

Bonds payable $1,0001,000$

Common stock, $$10$ par $9001,400$

Retained earnings $700840$

Partial additional information:

The equipment that was sold for $$40$ had cost $$400$ and had a book value of $$300.$

New equipment was purchased at $$600.$

Land that was sold brought a cash price of $$530.$

Fifty shares of common stock were issued at par.

Cash dividend was paid. Figure out how much dividend was paid in cash.

Prepare the cash flow statement for the year ended December $31,2024$ and use the indirect method for the operating activities.