The following items are relevant to the preparation of a statement of cash flows for Tropical Inc.

$1.$ Sale of common stock, $$500,000.$

$2.$ Retirement of bonds payable, $$355,000.$

$3.$ Purchase of land, $$10,000.$

$4.$ Sale of equipment for $$24,000,$ at a loss of $$5,000.$

$5.$ Purchase of equity securities $($not held in a trading account$),$ $$10,000.$

$6.$ Declaration of cash dividends, $$40,000.$

$7.$ Loan of $$30,000$ resulting in a note receivable, nontrade.

$8.$ Purchase of a patent, $$20,000.$

$9.$ Proceeds from the issuance of a short$-$term nontrade note, $$10,000.$