The income stagement balapce sheets, and sddiforis information for Video Phones, Incoiporated, are provided. Required: Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. Additional lefformation for 2024 : 1 Runchesed iovestment in bereds for $12,000. verisaction. 4. Declarod and paid a cesh envelend of $20,500. Peopined: (Amounts to be deducted, cash outtlows, and any decreste in cash shbuld be indicented with a minua slon.)