The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC): Cash received from: Customers $ 740,000 Interest on note receivable 20,000 Collection of note receivable 180,000 Sale of land 48,000 Issuance of common stock 280,000 Cash paid for: Interest on note payable 26,000 Purchase of equipment 160,000 Operating expenses 480,000 Dividends to shareholders 38,000 Prepare a statement of cash flows according to International Financial Reporting Standards?